(TheNewswire)
Vancouver, British Columbia, Canada / TheNewswire / March 29, 2018 - Confederation Minerals Ltd. (TSX-V: CFM) (“Confederation” or the “Company”) reports that it has granted incentive stock options, exercisable to purchase up to an aggregate of 1,050,000 shares of the Company, to directors and consultants of the Company pursuant to the Company’s stock option plan (the “Plan”). The options are all exercisable at the price of $0.40 per share until March 29, 2023, subject to any earlier termination in accordance with the Plan. The grant of options is subject to regulatory approval.
On behalf of the Board of Directors,
Confederation Minerals Ltd.
“David Velisek”
David Velisek
CEO & Director
CORPORATE INQUIRIES
Confederation Minerals Ltd.
Suite 1980, 1075 West Georgia Street
Vancouver, B.C.
604.688.9588
david.velisek@barongroupintl.com
www.confederationmineralsltd.com
About CFM
Confederation Minerals Ltd. is a British Columbia based company engaged in the business of acquisition, exploration and development of mineral properties. Its objective is to locate and develop economic precious and base metals properties of merit. Confederation Minerals Ltd. owns 70% of the Newman Todd project in the Red Lake Mining District of Northern Ontario, as well as 100% ownership in another property in the Red Lake Mining District of Ontario.
Neither 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.
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