Mr. Quinn Ellerbeck reports
NORTH VALLEY RESOURCES ANNOUNCES GRANT OF STOCK OPTIONS
North Valley Resources Ltd.'s board of directors has approved the grant of incentive stock options to certain directors of the company to acquire a total of 700,000 shares in the capital of the company at an exercise price of 10 cents. The options vest immediately and are exercisable for a five-year term expiring Oct. 20, 2030. All options were granted pursuant to the company's stock option plan.
On a fully diluted basis, the company's share capital now stands at 18,575,000 shares.
About North Valley Resources Ltd.
The company is primarily focused on exploring its optioned Comstock property covering 4,462 hectares. The Comstock copper-gold property is located adjacent to the Coquihalla Highway, approximately 10 kilometres south of Merritt, B.C.
We seek Safe Harbor.
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