Inca One Grants Options
June 04 2014 - 6:55PM
Marketwired
Inca One Grants Options
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 4, 2014) - INCA
ONE RESOURCES CORP. (TSX-VENTURE:IO) ("Inca One" or the "Company")
announces that pursuant to the Company's Stock Option Plan, the
Board of Directors has authorized the granting of incentive stock
options to directors, officers, consultants and employees of the
Company to acquire an aggregate of 2,050,000 common shares of the
Company. The options have an exercise price of $0.15 per share and
are exercisable until June 4, 2019.
The Company also announces that it has retained Questrade Inc.
("Questrade") to provide market-making services in accordance with
TSX Venture Exchange ("TSX-V") policies.
Under the terms of the agreement between the Company and
Questrade dated June 4, 2014 (the "Agreement"), Questrade will
receive compensation of $4,500 per month. Questrade will not
receive shares or options as compensation. The Agreement is for a
term of one year, and will automatically renew for additional one
year terms thereafter. The Agreement may be terminated upon 30 days
written notice by either party. Questrade and Inca One are
unaffiliated entities; however, Questrade and its clients may have
or may acquire a direct interest in the securities of the
Company.
About Questrade
Questrade provides Canadians with high-speed, direct-access
trading in the U.S. and Canadian stock and options markets through
its IQ trading platforms. Questrade offers market-making services
on behalf of TSX and TSX-V listed companies providing liquidity on
the stock exchange for shareholders.
About Inca One Resources Corp
Inca One is a Canadian-based mineral resource company and ore
processing company with a gold milling facility in Peru, servicing
government-permitted small-scale miners. A highly mineral-rich
country, Peru is one of the world's top producers of gold, silver,
copper and zinc, with substantial production coming from small
scale miners who need government permitted milling facilities to
process their ore (such as the Company's ore mill in Chala,
Peru).
On behalf of the Board,
INCA ONE RESOURCES CORP.
Edward Kelly, President & CEO
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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.
Statements regarding the Company which are not historical facts
are "forward-looking statements" that involve risks and
uncertainties. Such information can generally be identified by the
use of forwarding-looking wording such as "may", "expect",
"estimate", "anticipate", "intend", "believe" and "continue" or the
negative thereof or similar variations. Since forward-looking
statements address future events and conditions, by their very
nature, they involve inherent risks and uncertainties. Actual
results in each case could differ materially from those currently
anticipated in such statements due to factors such as: (i)
fluctuation of mineral prices; (ii) a change in market conditions;
and (iii) the fact that the Company has limited operating
experience with its Chala plant and future operational results may
not be accurately predicted based on this limited information to
date. Except as required by law, the Company does not intend to
update any changes to such statements.
KIN
Communicationsio@kincommunications.com1-866-684-67301-604-684-6730www.kincommunications.com
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