Issue of Options
Ballarat, May 11, 2018 AEST (ABN Newswire) - White Rock Minerals Ltd (
ASX:WRM) wishes to advise today that a total of 79,912,067 unquoted options to subscribe for White Rock ordinary shares have been issued to Shareholders who participated in the Placement on 28 March 2018. This issue of options was approved at the Company's General Meeting on 4 May 2018.
The options are issued subject to vesting immediately, at an exercise price of $0.02, expiring 26 March 2021.
An Appendix 3B for the issue of new options is attached.
To view the release, please visit:
http://abnnewswire.net/lnk/4TVG2327
About White Rock Minerals Ltd
White Rock Minerals Ltd (ASX:WRM) (OTCMKTS:WRMCF) is a diversified explorer and near-stage producer, headquartered in Ballarat, Victoria. The Company's flagship exploration project is Red Mountain in central Alaska. At Red Mountain, there are already two high grade zinc - silver - gold - lead VMS deposits, with an Inferred Mineral Resource of 9.1 million tonnes @ 609g/t AgEq / 13% ZnEq. The Company is also exploring its recently discovered large intrusion related gold anomaly at Last Chance, also located in the Tintina gold belt of Alaska, home to multi-million gold ounce deposits like Pogo, Fort Knox and the Donlin Project. The Company also has the Mt Carrington project, located near Drake, in Northern NSW, which is a near-production precious metals asset with a resource of 341,000 ounces of gold and 23.2 million ounces of silver on an approved mining lease, and with a Gold First PFS and JORC Reserve.
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