TORONTO, Sept. 8, 2014 /CNW/ - Richmond Minerals Inc. (TSX-V: RMD) ("Richmond" or the "Company") announces that it has granted 2,812,500 stock options to purchase common shares of Richmond to directors, officers and arm's length consultants pursuant to the stock option plan approved by the shareholders of the Company on May 30, 2014. The options are exercisable at $0.10 per share, vest immediately, and expire in five years.
Richmond is also pleased to announce the appointment of Mrs. Aliya Kaba-Chandi, CPA, CA as Corporate Secretary for the Company. Mrs. Kaba-Chandi is a Chartered Accountant who has several years of experience working in public accounting and controllership with clients across various industries. Mrs. Kaba-Chandi's appointment remains subject to the approval of the TSX Venture Exchange (the "TSX-V").
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of TSX-V) accepts responsibility for the adequacy or accuracy of this news release.
This news release may contain forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes statements regarding, among other things, the appointment of Mrs. Kaba-Chandi as an officer of Richmond. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, regulatory approval processes. Although Richmond believes that the assumptions used in preparing the forward-looking information in this news release are reasonable, including that all necessary regulatory approvals will be obtained in a timely manner, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Richmond disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable securities laws.
SOURCE: Richmond Minerals Inc.
For further information: Franz Kozich, President and Chief Executive Officer, Email:firstname.lastname@example.org, or Warren Hawkins, P.Eng, Exploration Manager, Email: email@example.com. Tel: 416.603.2114, Fax: 416.603.8436