Pitchblack Grants Options
2011年5月5日 - 7:00PM
Marketwired
Pitchblack Resources Inc. (TSX VENTURE: PIT) ("Pitchblack" or the
"Company") announces that further to its announcement of the
appointment of Fred Leigh as President & Chief Executive
Officer of the Company, it has granted Mr. Leigh 400,000 options to
acquire such number of common shares at an exercise price of $0.40
expiring five years from the date of grant. The options shall vest
immediately, subject to the four month regulatory hold period. The
grant of options is subject to regulatory approval, including
approval of the TSX Venture Exchange.
About Pitchblack Resources Ltd.
Pitchblack has uranium, coal and gold assets in the Yukon
Territory, Canada. The Company is currently reviewing the potential
of these properties but does not plan any extensive field work in
2011 and may seek to sell its interest in the properties.
FORWARD LOOKING INFORMATION
This press release contains "forward-looking information" within
the meaning of applicable Canadian securities legislation.
Forward-looking information includes, but is not limited to,
statements with respect to the future financial or operating
performance of the Company and its projects, exploration prospects,
requirements for additional capital and regulatory approvals.
Generally, forward-looking information can be identified by the use
of forward-looking terminology such as "plans", "expects" or "does
not expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or state that
certain actions, events or results "may", "could", "would", "might"
or "will be taken", "occur" or "be achieved". Forward-looking
information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
forward-looking information, including but not limited to:
financing not being available at desired prices; general business,
economic, competitive, political and social uncertainties; the
actual results of current exploration activities; timing and
availability of external financing on acceptable terms; conclusions
of economic evaluations; competition; future prices of mineral
prices; failure of plant, equipment or processes to operate as
anticipated; accidents, labour disputes and other risks of the
mining industry; and, delays in obtaining governmental approvals or
required financing or in the completion of activities. Although the
Company has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking information. The Company
does not undertake to update any forward-looking information,
except in accordance with applicable securities laws.
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.
Contacts: For further information or to register for
distribution for future press releases, please contact: Pitchblack
Resources Inc. Fred Leigh, President & Chief Executive Officer
416-861-5933 fleigh@forbesmanhattan.com
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