Regal Resources Grants Incentive Stock Options
November 09 2012 - 2:21PM
Marketwired Canada
Regal Resources Inc. (CNSX:RGR) (the "Company" or "Regal") announces that it has
granted incentive stock options to certain of its directors, officers and
consultants, which entitle the purchase of an aggregate 1,250,000 common shares
of Regal Resources at a per share price of $0.14 for a period of five years.
Shares which may be acquired upon the exercise of the options will be subject to
a hold period until March 3, 2013, in accordance with applicable securities
legislation.
About Regal Resources Inc. www.regalresinc.com
Regal Resources Inc. is a junior mineral exploration and development company
based in Vancouver, Canada. The Company is focused on the development and
acquisition of copper projects in the copper producing state of Arizona. The
Company is currently focused on its exploration copper/silver property, the
Patagonia (Sunnyside) property, located near Nogales, Arizona. Regal Resources
is listed on the Canadian National Stock Exchange (CNSX) under the symbol (RGR).
This news release contains certain statements that may be deemed
"forward-looking statements". Forward-looking statements are statements that are
not historical facts and are generally, but not always, identified by the words
"expects", "plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential" and similar expressions, or that events or conditions
"will", "would", "may", "could" or "should" occur. Although the Company believes
the expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance
and actual results may differ materially from those in forward-looking
statements. Forward-looking statements are based on the beliefs, estimates and
opinions of the Company's management on the date the statements are made. The
Company undertakes no obligation to update these forward-looking statements in
the event that management's beliefs, estimates or opinions, or other factors,
should change, except as required by law.
FOR FURTHER INFORMATION PLEASE CONTACT:
Regal Resources Inc.
Gregory M Thomas
President
604.730.0234
Regal Resources Inc.
Drew N. Brass
VP Communications
604.730.0234
www.regalresinc.com
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