Nevada Organic Phosphate Announces Stock Option Grant

Nevada Organic Phosphate Announces Stock Option Grant

Nevada Organic Phosphate Inc. (CSE: NOP,OTC:NOPFF) (OTCQB: NOPFF) ("NOP" or the "Company"), a B.C. based leader in organic sedimentary phosphate exploration, announces it has approved the issuance of 2,250,000 stock options to certain officers, directors, and consultants of the Company for the purchase of up to 2,250,000 common shares in the capital of the Company pursuant to the Company's Stock Option Plan. Each option vested immediately and is exercisable for a period of five (5) years at an exercise price of $0.13 per share.

Nevada Organic Phosphate Inc. (CSE: NOP,OTC:NOPFF) (OTCQB: NOPFF)

NOP is a junior exploration company with an organic sedimentary raw rock phosphate bed, 6.6 kilometres long, in northeast Nevada. Additional applications extend the potential strike of rock phosphate to over 30 kilometres. This is believed to be the only known large-scale organic sedimentary phosphate project in North America. It is situated close to the main highway to Montello/Elko, Nevada, and near the rail head to California.

For More Information

Robin Dow, CEO
T: 604.355.9986
E: robin@dowgroup.ca

Neither the Canadian Securities Exchange nor its regulations services providers have reviewed or accept responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285209

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