TORONTO, ONTARIO--(Marketwired - Sept. 3, 2014) - Cogitore Resources Inc. (TSX VENTURE:WOO) announced today that it has granted an aggregate of 4,150,000 incentive stock options granted and that 3,600,000 were granted to certain directors and officers of the Company and 550,000 were granted to employees and consultants. The options were granted under the Company's Stock Option Plan and each stock option entitles the holder to acquire one Cogitore common share at an exercise price of $0.05 until September 3, 2019 and vests immediately.
The Company has developed a strategic focus on VMS style base metal exploration in prospective areas that also feature infrastructure and a political climate favourable for exploration and mine development. All of the Company's claims are focused in the highly prospective Abitibi Belt of Quebec and Ontario.
Caution Regarding Forward-Looking Information
This news release includes certain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed in such forward-looking statements. Forward-looking statements in this news release, include, but are not limited to, economic performance and future plans and objectives of the Company. Any number of important factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although Cogitore believes that the assumptions and factors used in making the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this new release, and no assurance can be given that such events will occur in the disclosed timeframes or at all. Cogitore disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
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