NOC:CC - Norseman Silver Inc. Announces Grant of Options
(TheNewswire)
Vancouver, British Columbia – TheNewswire - September 25, 2023 –Norseman Silver Inc. (TSXV:NOC) (“ Norseman ” or the“ Company ”) announces that its board ofdirectors has approved the grant of incentive stock options(the "Options" ) to certain directors,officers, employees and consultants to acquire a total of 2,350,000common shares in the capital of the Company at an exercise price of $0.12 . All Options were granted pursuant to the Company's 10%rolling stock option plan (the "Plan" ) and are subject to the termsof the Plan, the applicable grant agreements and the requirements ofthe TSX-V. The Options are exercisable for a five-year term expiring September 25,2028 .
About Norseman Silver
Norseman Silver is focused on acquiring, exploring anddeveloping silver assets with upside potential in the Americas. The Company’s current property portfolio includes the Cariboo, Silver Vista, Silver Switchback and projects, located in aprolific region in central British Columbia, Canada, and the Taquetrensilver project, located in Rio Negro, Argentina. Norseman Silver’sshares are listed on the TSX Venture Exchange under the symbol NOC and on the OTCQB under the symbol NOCSF. Learn more about Norseman Silver at www.norsemansilver.com .
For further information, pleasecontact:
Sean Hurd
Chief Executive Officer
T: 604 505-4554
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THATTERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTSRESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.
Cautionary Note RegardingForward?Looking Statements
The above contains forward?lookingstatements that are subject to a number of known and unknown risks,uncertainties and other factors that may cause actual results todiffer materially from those anticipated in our forward?lookingstatements. Factors that could cause such differences include: changesin world commodity markets, equity markets, costs and supply ofmaterials relevant to the mining industry, change in government andchanges to regulations affecting the mining industry.Forward?looking statements may be identified by such terms as“believes”, “anticipates”, “intends”, “expects”,“estimates”, “may”, “could”, “would”, “will”, or“plan”, and similar expressions. Forward?looking statements inthis release include, among other things, statements regarding theissuance and trading of the common shares and business, economic, andpolitical conditions in Canada. Although these statements are based oninformation currently available to the Company, the Company providesno assurance that actual results will meet management’sexpectations. Risks, uncertainties and other factors involved withforward-looking information could cause actual events, results,performance, prospects and opportunities to differ materially fromthose expressed or implied by such forward-looking information.Forward looking information in this news release includes, but is notlimited to, the Company’s objectives, goals or future plans,statements, grants of options, timing of the commencement ofoperations and estimates of market conditions. Factors that couldcause actual results to differ materially from such forward-lookinginformation include, but are not limited to failure to identifymineral resources, failure to convert estimated mineral resources toreserves, the inability to complete a feasibility study whichrecommends a production decision, the preliminary nature ofmetallurgical test results, delays in obtaining or failures to obtainrequired governmental, environmental or other project approvals,political risks, inability to fulfill the duty to accommodate FirstNations and other indigenous peoples, uncertainties relating to theavailability and costs of financing needed in the future, changes inequity markets, inflation, changes in exchange rates, fluctuations incommodity prices, delays in the development of projects, capital andoperating costs varying significantly from estimates and the otherrisks involved in the mineral exploration and development industry, aninability to predict and counteract the effects of COVID-19 on thebusiness of the Company, including but not limited to the effects ofCOVID-19 on the price of commodities, capital market conditions,restriction on labour and international travel and supply chains, andthose risks set out in the Company’s public documents filed onSEDAR. Although the Company believes that the assumptions and factorsused in preparing the forward-looking information in this news releaseare reasonable, undue reliance should not be placed on suchinformation, which only applies as of the date of this news release,and no assurance can be given that such events will occur in thedisclosed time frames or atall. The Company disclaims any intention or obligation to update orrevise any forward-looking information, whether as a result of newinformation, future events or otherwise, other than as required bylaw.
Copyright (c) 2023 TheNewswire - All rights reserved.