TORONTO, ONTARIO--(Marketwired - May 2, 2013) - Valencia Ventures Inc. (TSX VENTURE:VVI) ("Valencia" or the "Company") announces that it will be taking advantage of the new Notice-and-Access rules to reduce printing and mailing costs associated with the dissemination of annual information to shareholders. Notice-and-Access permits annual financial statements, management's discussion and analysis and meeting circulars to be posted on public companies' websites, instead of being mailed to shareholders.
In accordance with the rules, the Company has filed a first time notice of use of Notice-and-Access, which is available on the Company's profile at www.sedar.com. The Company will post on its website, www.valenciaventures.com, the meeting circular, annual financial statements and management's discussion and analysis in respect of its upcoming annual general and special meeting to be held on June 6, 2013.
The Company also announces that it has granted a total of 540,000 stock options to various directors, officers and consultants of the Company. The options have an exercise price of $0.10 and shall expire five years from the date of grant. The options shall vest immediately, subject to the four month regulatory hold period. The grant of options is subject to regulatory approval.
Valencia is a Canadian resource company with common shares that trade on the TSX Venture Exchange under the symbol VVI.
Forward - Looking Information
This press release contains "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, political and social uncertainties; the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters, future prices of mineral prices; and risks of the mining industry. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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.