Mr. Timothy Turner reports
BOCANA RESOURCES CORP. ANNOUNCES CANCELATION AND REISSUANCE OF STOCK OPTION GRANTS
Bocana Resources Corp. has been advised by the TSX Venture Exchange that the previously issued grant of 2.4 million stock options to directors and officers on May 24, 2024, were issued outside of the proper timeline for the company's stock-based compensation plan to be effective. Therefore, the company is canceling the previously issued stock options of May 24, 2024, and reissuing them with the same terms as previously issued.
Each stock option entitles the holder to purchase one common share of the company for 10 cents on the terms shown in the attached table.
About Bocana Resources Corp.
Bocana is a mineral exploration company focused on acquiring, exploring and developing mineral properties in South America. Bocana, through its wholly owned subsidiary, Huiracocha International Service SRL, holds a 100-per-cent working interest in the mineral properties known as the Escala area concessions located at the department of Potosi, Sud Lipez province, Bolivia, as awarded by Comibol.
We seek Safe Harbor.
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