Solid Resources Grants Stock Options
VANCOUVER, Sept. 1, 2011 /CNW/ --
TSXV: SRW
OTCQX: SLDRF
FRANKFURT: YRS
VANCOUVER, Sept. 1, 2011 /CNW/ - Solid Resources Ltd. ('SOLID' or the
'Company') (TSXV: SRW) (OTCQX: SLDRF) (Frankfurt: YRS) reports that the
Company has granted an aggregate of 450,000 stock options to directors
and officers of the Company. The options are at an exercise price of
$0.10 per share and valid for a period of five years from the date of
the grant, subject to vesting provisions. The options are granted in
accordance with the Company's Stock Option Plan approved by the
shareholders on December 13, 2010. The grant of the options has been
approved by the Board of Directors and is subject to the final approval
of the TSX Venture Exchange.
About Solid Resources:
Solid Resources is a Canadian junior mining company focusing on the
exploration and development of rare and precious metals and industrial
commodities worldwide. The Company is currently quantifying the
presence of tantalum, tin, lithium and other rare minerals on its
property in north-western Spain. In addition, further exploratory work
is being conducted on its gold, copper concession in the Province of
Ayabaca in northwest Perú.
Certain statements contained in this press release, including statements
which are related to exploration activity and future prospects and
profitability and which may contain words such as 'could', 'should',
'expect', 'believe', 'will' and similar expressions and statements
relating to matters that are not historical facts are forward-looking
statements. Such forward-looking statements involve known and unknown
risks and uncertainties which may cause the actual results,
performances and/or achievements of Solid to be materially different
from any future results, performances or achievements expressed or
implied by such forward-looking statements. Such factors include
fluctuations in the market conditions and prices of tantalum, lithium,
tin, and other metals and related products and services; competition;
political and economic conditions in countries in which Solid does
business; changes in laws and regulations, including environmental
regulations, to which Solid is subject, and other factors which are
described in further detail in Solid's filings with the Canadian
Securities Regulators.
Neither the 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.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/September2011/01/c8108.html
Solid Resources Ltd | The Howard Group Inc. | |
Greg Pendura President & CEO Solid Resources Ltd. Ph: (780) 800-0726 www.solidresources.com | Investor Relations Dave Burwell Toll Free: 1-888-221-0915 Ph: (403) 410-7907 Email: info@howardgroupinc.com www.howardgroupinc.com |