Letho grants incentive stock options
Vancouver, BC; (February 10, 2017) Letho Resources Corp. ("Letho" or the "Company") (TSX-V: LET) has today granted an aggregate of 659,000 incentive share purchase options with an exercise price of $0.085 per common share and a term of five years. A total of 249,000 options were granted to two directors and the remaining 410,000 were granted to Consultants. This grant represents just under 10% of the Company’s issued and outstanding shares.
The foregoing incentive share purchase options are subject to the approval of the TSX Venture Exchange (“TSXV”).
To learn more about us, please visit our website at: www.lethoresources.com
ON BEHALF OF THE BOARD OF DIRECTORS OF LETHO RESOURCES CORP.
President & CEO
For more information, please contact:
Bryson Goodwin (604) 341-1531
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Letho cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Letho’s control. Such factors include, among other things: risks and uncertainties relating to Letho’s ability to complete a private placement financing to satisfy the terms of the letter of intent. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Letho undertakes no obligation to publicly update or revise forward-looking information.
NEITHER 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.