Mr. Richard Revelins reports
MERYLLION RESOURCES ANNOUNCES GRANT OF STOCK OPTIONS
Meryllion Resources Corp. has granted an aggregate of 8.4 million stock options to certain officers, directors and consultants of the company pursuant to the company's stock option plan. Each option is exercisable to purchase one common share in the capital of the company at a price of eight cents for a period of three years from the date of issue. The options vest immediately and are subject to a statutory hold period of four months plus one day.
About Meryllion Resources Corp.
Meryllion is an exploration-stage company listed on the Canadian Securities Exchange. The company recently entered into a lease and option agreement in respect of the Makenzie gold/silver/antimony project, located 44 kilometres south-southwest of Austin, Nev., the Toiyabe range of central Nevada. Makenzie is one of the largest known untested gold, silver and antimony anomalies in the state of Nevada.
Meryllion also has the rights to acquire up to a 100-per-cent interest in the Westbury and Tasmanian strategic green metals ionic adsorption clay (IAC) hosted rare earth elements (REE) projects, located in northeast Tasmania, Australia, with a total tenement area of approximately 800 square kilometres. Meryllion's IAC REE projects are situated along strike, and/or adjacent to, discoveries by ABx Group Ltd. ABx has reported that Tb (terbium) and Dy (dysprosium) concentrations in all of ABx's rare earths resources are the highest of any ionic adsorption clay deposit in Australia and are among the highest globally.
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