01:36:23 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



Nubian Resources Ltd
Symbol NBR
Shares Issued 16,177,773
Close 2016-10-21 C$ 0.10
Market Cap C$ 1,617,777
Recent Sedar Documents

Nubian Resources grants options to buy 300,000 shares

2016-10-21 19:17 ET - News Release

Shewchuk Subject: Nubian Resources Ltd. - Press Release Please disseminate the enclosed press release. Linda Shewchuk Securities Paralegal Nubian Resources Ltd. Toll Free: (888) 909-4767 Cell: (604) 306-8854 Fax: (604) 259-0339 Email: missy222@telus.net File: 2016-10-21 Press Release (options).docx / Press Release 16-05 NUBIAN RESOURCES GRANTS STOCK OPTIONS OCTOBER 21, 2016 - Nubian Resources Ltd. (the "Company") (TSX VENTURE: NBR) announces the grant of incentive stock options to directors, officers and a consultant to purchase an aggregate of 300,000 common shares in the capital of the Company, exercisable at a price of $0.10 per share for a period of five years. The options are granted in accordance with the Company's Stock Option Plan and will vest at the time of grant. Those stock options granted to directors and officers will be subject to a four-month hold period commencing from the date of the grant. This will bring the total number of options outstanding to 955,000 with 662,777 remaining available for grant under the Plan. The grant of stock options is subject to approval by the TSX Venture Exchange. FOR FURTHER INFORMATION PLEASE CONTACT: Larry Treadgold Chief Executive Officer Nubian Resources Ltd. Office: 604 870-498 Jeannette Durand: jeannette@nubianr.com Web Page: www.nubianr.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release includes forward looking statements that are subject to assumptions, risks and uncertainties. Statements in this news release which are not purely historical are forward looking statements, including without limitation any statements concerning the Company's intentions, plans, estimates, beliefs or expectations regarding the future. Although the Company believes that any such intentions, plans, estimates, beliefs and expectations in this news release are reasonable, there can be no assurance that any such intentions, plans, beliefs and expectations will prove to be accurate. The Company cautions readers that all forward looking statements, including without limitation those relating to the Company's future operations and business prospects, are based on assumptions none of which can be assured, and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward looking statements. Any forward looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward looking statements, or to update the reasons why actual events or results could or do differ from those projected in the forward looking statements. The Company assumes no obligations to update any forward looking statements, whether as a result of new information, future events or otherwise.

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