Interconnect Ventures Corporation
TSX VENTURE : IVC

November 07, 2013 16:52 ET

Interconnect Ventures Corporation Grants Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 7, 2013) -

NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Interconnect Ventures Corporation (the "Company") (TSX VENTURE:IVC) announces that, effective October 31, 2013, it has granted an aggregate of 830,000 stock options to directors and officers of the Company. The options are fully vested and are exercisable at a price of $0.20 per share for a period of 10 years from the date of grant. The options are also subject to a four (4) month hold period and are subject to the Company's stock option plan, the policies of the TSX Venture Exchange and applicable securities laws.

ON BEHALF OF THE BOARD OF DIRECTORS

Dr. Eyad Al Saleh, Chief Executive Officer and Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains "forward-looking information" that is based on the Company's current expectation, estimates, forecasts and projections. This forward-looking information includes, among other things, the Company's business, plans, outlook and business strategy. The words, "may", "would" "could", "should", "will", "likely", "expect", "anticipate", "intend", "estimate", "plan", "forecast", "project" and "believe", or other similar words and phrases, are intended to identify forward-looking information.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: (i) uncertainty regarding the Company's ability to obtain an interest in, or maintain an interest in, a property or properties; (ii) changes in economic conditions or financial markets; (iii) changes in the prices for mineral resources or an increases in the costs of exploring and / or developing mineral resources; and (iv) changes in the current regulatory, political, legislative, environmental or competitive conditions. The foregoing list of factors is not exhaustive. These and other risks and uncertainties could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information and readers are cautioned that they should not place undue reliance on such forward-looking information. Except as required by law, the Company disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.

This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (The "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to a U.S. person unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Contact Information

  • Interconnect Ventures Corporation
    Suite 300-576 Seymour Street
    Vancouver, British Columbia V6B 3K1
    (965) 9988 5018
    (604) 688-6995 (FAX)