Vancouver, British Columbia--(Newsfile Corp. - December 1, 2023) - Copperhead Resources Inc. (CSE: CUH) ("Copperhead" or the "Company") announces it has granted an aggregate of 975,000 incentive stock options (the "Options") to certain directors, officers and consultants in accordance with the Company's stock option plan. All such Options have an exercise price of $0.10 per share and a 5-year term. All of the Options granted vest immediately. The Options grant is subject to the approval of the Canadian Securities Exchange.
About Copperhead Resources Inc.
Copperhead Resources Inc. is a mineral resource company engaged in the business of acquiring and exploring mineral resource properties. The Company's principal objective is to locate and develop precious metals, focusing initially on the exploration and development of the Red Line Project, the Company's sole mineral exploration project located in British Columbia, Canada. The Company has acquired the option to acquire a 75% undivided right, title, and interest in and to the Red Line Project pursuant to an option agreement. From time to time the Company may also evaluate and acquire other mineral properties of merit, containing a variety of metals and minerals and located in a variety of geographical jurisdictions.
For further information about Copperhead, please contact:
Damian Lopez
President & CEO
Copperhead Resources Inc.
Email: damian@resurgentcapital.ca
Cautionary Statements Regarding Forward-Looking Information
This press release contains certain forward-looking statements, including those relating to the grant of Options and regulatory approval. These statements are based on numerous assumptions believed by management to be reasonable in the circumstances and are subject to a number of risks and uncertainties, including without limitation: challenges executing on corporate strategy and business plans; regulatory approval processes; and those other risks described in the Company's continuous disclosure documents. Actual results may differ materially from results contemplated by the forward-looking statements herein. Investors and others should carefully consider the foregoing factors and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements herein except as required by applicable securities laws.
Neither the Canadian Securities Exchange nor its regulation services provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/189365
