Solid Resources Grants Options
Sep 01, 2011
OTC Disclosure News Service
Vancouver, BC, Canada –
For Immediate Release September1, 2011
Solid Resources Grants Stock Options
Solid Resources Ltd. (“SOLID” or the”Company”) (TSX-V: SRW) (OTCQX: SLDRF) (Frankfurt: YRS) reports thatthe Company has granted an aggregate of 450,000 stock options to directors andofficers of the Company. The options are at an exercise price of $0.10 pershare and valid for a period of five years from the date of the grant, subjectto vesting provisions. The options are granted in accordance with the Company’sStock Option Plan approved by the shareholders on December 13, 2010. The grantof the options has been approved by the Board of Directors and is subject tothe final approval of the TSX Venture Exchange.
Solid Resources is a Canadian junior mining company focusing onthe exploration and development of rare and precious metals and industrialcommodities worldwide. The Company is currently quantifying the presenceof tantalum, tin, lithium and other rare minerals on its property innorth-western Spain. In addition, further exploratory work is beingconducted on its gold, copper concession in the Province of Ayabaca innorthwest Perú.
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Certainstatements contained in this press release, including statements which arerelated to exploration activity and future prospects and profitability andwhich may contain words such as “could”, “should”,”expect”, “believe”, “will” and similar expressionsand statements relating to matters that are not historical facts areforward-looking statements. Such forward-looking statements involve known andunknown risks and uncertainties which may cause the actual results,performances and/or achievements of Solid to be materially different from anyfuture results, performances or achievements expressed or implied by suchforward-looking statements. Such factors include fluctuations in the marketconditions and prices of tantalum, lithium, tin, and other metals and relatedproducts and services; competition; political and economic conditions incountries in which Solid does business; changes in laws and regulations,including environmental regulations, to which Solid is subject, and otherfactors which are described in further detail in Solid’s filings with theCanadian Securities Regulators.
Neitherthe TSX Venture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) accepts responsibility forthe adequacy or accuracy of this release.
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.