Press release from Marketwire
ATAC Resources Ltd. Announces the Granting of Incentive Stock Options
Monday, February 03, 2014
ATAC Resources Ltd. Announces the Granting of Incentive Stock Options12:00 EST Monday, February 03, 2014
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 3, 2014) - ATAC Resources Ltd. (TSX VENTURE:ATC) ("ATAC") announces that it has granted incentive stock options under its Incentive Stock Option Plan to its directors and officers and certain employees and consultants, entitling them to purchase up to a total of 2,330,000 shares at a price of $0.75 per share for a period of five years. All of these options are subject to vesting provisions under which 25% of the options will vest at the conclusion of each three months during the first year of the exercise period.
ATAC Resources Ltd. is a Yukon-based exploration company focused on developing Canada's only Carlin-type gold district at its 100% owned Rackla Gold Project. Recent exploration on the 1,700 sq/km project has resulted in the delineation of the Tiger Gold Deposit, drilling of multiple high-grade Carlin-type gold zones and the identification of over 40 early-stage gold exploration targets. The Rackla Gold Project has no underlying royalties or third-party interests. ATAC is well-positioned with over $19 million in its treasury.
On behalf of Management and the Board of Directors of ATAC Resources Ltd.
Graham Downs, CEO
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 NEWS RELEASE.
This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors.
FOR FURTHER INFORMATION PLEASE CONTACT:
ATAC Resources Ltd.
Manager, Corporate Communications
604-687-2522 ext. 260