Western Pacific Grants Stock Options
18 June 2014 - 4:23AM
Marketwired
Western Pacific Grants Stock Options
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 17, 2014) -
Western Pacific Resources Corp. (the "Company") (TSX-VENTURE:WRP)
has granted incentive stock options to purchase up to 1,080,000
common shares of the Company exercisable for a period of five years
at $0.135 per share. The options are subject to the terms of the
Company's stock option plan and vesting provisions.
About Western Pacific Resources Corp.
Western Pacific is focused on developing the polymetallic Deer
Trail Mine in Piute County, Utah. The project includes a 250 tpd
flotation mill, 5 miles of underground development, a large scale
mining permit and other extensive infrastructure. Western Pacific's
team is led by industry experts who aim to succeed in creating
value for shareholders. For more information, please visit our
website at www.westernpacificresources.com.
ON BEHALF OF THE BOARD
Arthur Brown, Chairman of the Board
Neither the TSX Venture Exchange nor the Investment Industry
Regulatory Organization of Canada accepts responsibility for the
adequacy or accuracy of this news release.
Cautionary
Statement Regarding Forward-Looking Statements
Certain statements contained in this press release
constitute forward-looking statements within the meaning of
Canadian securities legislation. Forward-looking statements
contained in this news release include, without limitation,
statements in respect of the proposed development of the Deer Trail
Mine property. These statements relate to future events, business
prospects or opportunities and product development. All such
statements other than statements of historical fact are
forward-looking statements. Forward-looking statements are often,
but not always, identified by the use of words such as "seek",
"anticipate", "plan", "continue", "estimate", "expect, "may",
"will", "project", "predict", "potential", "targeting", "intend",
"could", "might", "should", "believe" and similar expressions. The
Company believes that the expectations reflected in those
forward-looking statements are reasonable, but no assurance can be
given that these expectations will prove to be correct and such
forward-looking statements should not be unduly relied upon. Actual
results and developments may differ, and may differ materially,
from those expressed or implied by the forward-looking statements
contained in this news release.
Forward-looking statements involve known and unknown risks,
uncertainties, assumptions of management and other factors that may
cause actual results or events to differ materially from those
anticipated in such forward-looking statement, including but not
limited to: (a) the Company not having the financial ability to
meet its exploration and development goals; (b) risks associated
with the results of exploration and development activities, the
interpretation of drilling results and other geological risks,
estimation of mineral resources and the geology, grade and
continuity of mineral deposits, project cost overruns or
unanticipated costs and expenses; and (c) such other risks detailed
from time to time in the Company's quarterly and annual filings
with securities regulators and available under the Company's
profile on SEDAR at www.sedar.com.
Although the Company believes that the expectations conveyed
by the forward-looking statements are reasonable based on the
information available to it on the date such statements were made,
no assurances can be given as to future results, approvals or
achievements. Such forward-looking statements have been made for
the purpose of assisting investors in understanding the Company's
business, financial and operational performance and plans and may
not be appropriate for other purposes. The forward-looking
statements contained in this news release are expressly qualified
by this cautionary statement. The Company disclaims any duty to
update any of the forward-looking statements after the date of this
news release to conform such statements to actual results or to
changes in the Company's expectations except as otherwise required
by applicable law.
Western Pacific Resources Corp. - Corporate OfficeSuite 902-555
Burrard StreetVancouver, B.C. Canada V7X
1M8info@westernpacificresources.comwww.westernpacificresources.comTwitter:
@WesternPacificRInvestor RelationsFiona Grant604-692-2891
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