Le Lézard
Classified in: Science and technology
Subject: MERGERS AND ACQUISITIONS (M&A)

Trailbreaker Receives Approval to Acquire Liberty Property and Adopts 10% Rolling Stock Option Plan


VANCOUVER, British Columbia, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) ("Trailbreaker" or "the Company") Further to its January 22, 2024 news release, the Company is pleased to announce that it has received TSX Venture Exchange (the "Exchange") approval of its option agreement (the "Agreement") to acquire 100% of the Liberty Property (formerly the Murray Property) from an arm's length party (the "Optionor"), located in central British Columbia. The Liberty Property consists of 5 claims totalling 1,898.35 hectares, located in the Cariboo Mining Division of British Columbia. Pursuant to the terms of the Agreement, the Company will now issue 50,000 common shares to the Optionor.

The Liberty Property covers a copper-molybdenum (Cu-Mo) porphyry target, located approximately 60km northwest of Quesnel, BC, and is accessible by forest service roads.

The Company also announces that, at its Annual Meeting of Shareholders held December 15, 2023, shareholders of the Company voted to approve the adoption of a 10% rolling stock option plan. Previously the Company had a 20% set stock option plan.

"The Company appreciates the confidence and continued support of its shareholders."

ON BEHALF OF THE BOARD

Daithi Mac Gearailt
President and Chief Executive Officer

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.

TRAILBREAKER RESOURCES LTD.
650 W. Georgia Street, #2110
Vancouver, British Columbia
Canada, V6B 4N9
 
Telephone:          
Facsimile:            
604 681 1820
604 681 1864
 
https://www.TrailbreakerResources.com
https://twitter.com/TrailbreakerLtd.


These press releases may also interest you

at 15:39
Stage 2 Capital today announced it is accepting applications for the 2024 Catalyst, the go-to-market (GTM) acceleration program for early stage B2B founders. Backed by 300+ GTM executives from leading software companies, Stage 2 Capital Catalyst...

at 15:17
The Santa Clara Artistic Swimming Club is pleased to announce that they are hosting a 10&U summer trainee program for young athletes who would like to explore artistic swimming. To learn more about the 10&U program, including how to register for the...

at 15:15
CJ 4DPLEX, the world's leading producer of premium film formats and cinema technologies, announced today that it has appointed CJ Entertainment & Media (CJ ENM) executive Joon Beom Sim as CEO. Sim most recently served as the Head of CJ ENM's Music...

at 15:15
Cushing Terrell, a national multidisciplinary architecture, design, planning, and engineering firm embedded in the American West since 1938, is putting down roots in Upper Downtown with a 6,961 sq. ft. space at 1700 Broadway. Their new office...

at 15:10
Teradata announced today at Microsoft Build that Teradata AI Unlimited, the company's on-demand AI/ML (artificial intelligence/machine learning) workload, is now available in private preview in Microsoft Fabric. Teradata AI Unlimited in Microsoft...

at 15:08
Leading e-commerce and entertainment solutions provider LiFE in the Air (LiFE) today announced a new partnership with InflightDublin, the benefits of which are now available to passengers on Canadian carrier Flair Airlines. The partnership with...



News published on and distributed by: