TSX-V: ARL.P
TORONTO, Sept. 27,
2022 /CNW/ - Aurum Lake Mining
Corporation (the "Company") announces that it has
granted an aggregate of 1,650,000 options to the Company's
directors, officers and technical consultants pursuant to the
Company's CPC stock option plan (the "Option Plan"), each
such option being exercisable into a common share at a price of
$0.10 per share on or before
September 26, 2032.
About Aurum Lake Mining
Corporation
The Company is a capital pool company created under Policy 2.4
of the TSX Venture Exchange ("TSXV"). It does not own any
assets, other than cash or cash equivalents. The principal business
of the Company is to identify and evaluate opportunities for the
acquisition of an interest in assets or businesses and, once
identified and evaluated, to negotiate an acquisition or
participation so as to complete a Qualifying Transaction (as such
term is defined in the policies of the TSXV). Any proposed
Qualifying Transaction must be approved by the TSXV and, in the
case of a non-arm's length Qualifying Transaction, must also
receive majority approval of the minority shareholders. Until the
completion of a Qualifying Transaction, the Company will not carry
on any business other than the identification and evaluation of
businesses or assets with a view to completing a proposed
Qualifying Transaction.
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.
SOURCE Aurum Lake Mining Corporation