Khalkos Exploration Inc.
TSX VENTURE : KAS

Khalkos Exploration Inc.

April 08, 2014 10:56 ET

Khalkos Exploration Inc.: Appointment of a New Director and Granting of Options

MONTREAL, QUEBEC--(Marketwired - April 8, 2014) - The Board of Directors of KHALKOS EXPLORATION INC. ("Khalkos") (TSX VENTURE:KAS) proceeded yesterday to the appointment of Mr. André Proulx as Director of Khalkos.

Mr. André Proulx has, in the last fifteen years, created, listed on the TSX Venture Exchange and managed three public companies in the mining and oil and gas exploration industry, namely Ressources Appalaches, Puma Exploration and Pétrolia. He is still a member of the Board of these corporations as well as Sirios Resources Inc.

Mr. Dominique Doucet, Chairman of the Board, stated, "We are proud to welcome Mr. Proulx as a new Director of Khalkos, his appointment will bring a complementary expertise to our Board."

The Board of Directors is now composed of five Directors, three of whom are independent: Mr. Jean-Paul Lacasse, Mr. Nicolas Cantin and Mr. Proulx, in addition to Mr. Robert Gagnon, President and Dominique Doucet, Chairman of the Board.

GRANT OF OPTION SHARES

The Board of Directors has approved yesterday, in accordance with its Stock Option Incentive Plan, the granting of 800,000 options to purchase shares to employees, directors and officers, at an exercise price of $0.10 per share. These options expire five years from the day of grant.

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.

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