Dalradian Resources Inc. Dalradian Announces Option Exercise
24 June 2017 - 3:28AM
UK Regulatory
TIDMDALR
Dalradian announces option exercise
TORONTO, June 23, 2017/Marketwired/ - Dalradian Resources Inc. (TSX:DNA;
AIM:DALR) ("Dalradian" or the "Company") announces that 193,561 shares
have been issued as a result of stock options exercised by a former
employee on 22 June 2017 with an exercise price of C$1.02 using the
cashless exercise option available under the Company's stock option
plan.
Application has been made for 193,561 common shares further to the
exercise of the stock options, which will rank pari passu with the
existing common shares in issue, to be admitted to trading on AIM and
admission is expected to occur at 8:00am on or around 29 June 2017
("Admission").
Following Admission, the Company will have in issue 252,346,047 Common
Shares. This figure may be used by shareholders as the denominator for
the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the Company
under the Financial Conduct Authority's Disclosure and Transparency
Rules.
About Dalradian Resources Inc.
Dalradian Resources Inc. is a gold exploration and development company
that is focused on advancing its high-grade Curraghinalt Gold Project
located in Northern Ireland, United Kingdom.
For more information:
Marla Gale
Vice President Communications
+1 416 583 5600
investor@dalradian.com
Grant Thornton UK LLP (Nominated Adviser)
Philip Secrett / Richard Tonthat/Harrison Clarke
+44 (0)20 7383 5100
Canaccord Genuity Limited (Broker)
Henry Fitzgerald-O'Connor / Martin Davison
+44 (0)20 7523 8000
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Dalradian Resources Inc. via Globenewswire
http://www.dalradian.com/
(END) Dow Jones Newswires
June 23, 2017 13:28 ET (17:28 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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