VANCOUVER, BC, November 3, 2022 – Geologica Resource Corp. (CSE:GRCM) (“Geologica” or the “Company”) The Company announces that it has approved the grant of an aggregate of 1,125,000 stock options (the “Options”) to purchase up to 1,125,000 common shares (the “Shares”) in the capital of the Company to its director’s, officers and consultants of the Company, in accordance with the Company’s Stock Option Plan. The Options are exercisable for a period of 5 years unless terminated pursuant to the terms of the stock option plan. The Options are exercisable at $0.075 per Share.
Pursuant to the policies of the Canadian Securities Exchange, the Options are subject to a hold period of four months from the date of the Option Grant.
About Geologica Resource Corp.
Geologica Resource Corp. is a mineral explorer, building shareholder value through the acquisition of projects with significant technical merit. The Company has an option agreement and a purchase agreement for 100% of the mineral claims known as the Topley Project, located in central British Columbia.
For more information, please refer to the Company’s amended and restated prospectus dated July 22, 2022 available on SEDAR (www.sedar.com), under the Company’s profile or please contact:
Doug Unwin
President & CEO
(604) 762-5355
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.
