DALR Dalradian Cmn

 
TIDMDALR 
 
 
   Dalradian Issues Options 
 
   TORONTO, January 22, 2018 /Marketwired/ - Dalradian Resources Inc. 
(TSX:DNA; AIM:DALR)  ("Dalradian" or the "Company") announces that on 18 
January 2018 the Company issued 250,000 stock options ("Stock Options") 
to Mr. Michael Barton, who was appointed as a non-executive director of 
the Company on 11 January 2018 as Orion Mine Finance Fund II LLP's 
("Orion") designated nominee. The Stock Options were issued in 
accordance with Dalradian's Stock Option Plan and are exercisable into 
common shares of Dalradian at $1.27 (being the closing price on the 
Toronto Stock Exchange on 17 January  2018) over a five-year term. 
Vesting is immediate. Michael Barton will transfer the economic benefits 
of the Stock Options and the underlying shares to Orion (or as it 
directs) pursuant to existing arrangements between them. 
 
   Following the grant, the total number of options under the Company's 
Stock Option Plan are 9,791,667. 
 
   About Dalradian Resources Inc. 
 
   Dalradian Resources Inc. is a mineral exploration and development 
company that is focused on advancing its high-grade Curraghinalt Gold 
Project located in Northern Ireland, United Kingdom. The Curraghinalt 
Project is in permitting, with exploration ongoing to build on the 
positive feasibility study released in January 2017. 
 
   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 
 
   +44 (0)20 7383 5100 
 
   Canaccord Genuity Limited (Broker) 
 
   Henry Fitzgerald-O'Connor / Martin Davison 
 
   +44 (0)20 7523 8000 
 
   DEALING NOTIFICATION FORM 
 
   FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR 
CLOSELY ASSOCIATED PERSONs 
 
 
 
 
1.  Details of the person discharging managerial responsibilities/person 
     closely associated 
a)  Name:                                                          Michael Barton 
2.  Reason for the notification 
a)  Position/status:                                               Director 
b)  Initial notification/Amendment:                                Initial Notification 
3.  Details of the issuer, emission allowance market participant, 
     auction platform, auctioneer or auction monitor 
a)  Name:                                                          Dalradian Resources Inc. 
b)  LEI:                                                           213800MHTI7RJG1B4M08 
4.  Details of the transaction(s): section to be repeated 
     for (i) each type of instrument; (ii) each type of 
     transaction; (iii) each date; and (iv) each place 
     where transactions have been conducted 
a)  Description of the financial instrument, type of instrument    Common Shares of no par value 
     Identification Code                                            ISIN: CA2354991002 
b)  Nature of the transaction                                      Grant of options to purchase common shares 
c)  Price(s) and volume                                            250,000 options to purchase common shares at $1.27 
d)  Aggregated information                                         250,000 options to purchase common shares at $1.27 
e)  Date of the transaction                                        18 January 2017 
f)  Place of the transaction                                       Outside a trading venue 
 
 
 
   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

January 22, 2018 02:39 ET (07:39 GMT)

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