Vancouver, December 22, 2023 – Camino Minerals Corporation (TSXV: COR) (OTC: CAMZF) (WKN: A116E1) (“Camino” or the “Company”) is pleased to announce that is has granted incentive stock options to various directors, officers, employees, and consultants to purchase up to 4,950,000 common shares of the Company on or before December 22, 2028, at an exercise price of $0.10 per share in accordance with its stock option plan.
“The Company has not issued any incentive stock options for two years since September 2021,” said Jay Chmelauskas, CEO of Camino. “After a successful transaction and the completion of the first semester earn-in with partner Nittetsu Mining in 2023, and prior to commencing drilling campaigns at both the Los Chapitos copper property next week, and the Maria Cecilia copper property in 2024, Camino is issuing new incentive stock options to drive value and to be aligned with shareholders.”
About Camino Minerals Corporation
Camino is a discovery and development stage copper exploration company. Camino is focused on advancing its high-grade Los Chapitos copper project located in Peru through to resource delineation and to add new discoveries. Camino has also permitted the Maria Cecilia copper porphyry project for a planned exploration drilling program. In addition, Camino has increased its land position at its copper and silver Plata Dorada project. Camino seeks to acquire a portfolio of advanced copper assets that have the potential to deliver copper into an electrifying copper intensive global economy. For more information, please refer to Camino’s website at www.caminocorp.com.
|ON BEHALF OF THE BOARD
|For further information, please contact:
|/S/ “Jay Chmelauskas”
|Camino Investor Relations
|President and CEO
|Tel: (604) 608-4513
Neither 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.
Cautionary Note Regarding Forward Looking Statements: Certain disclosures in this release constitute forward-looking information. In making the forward-looking disclosures in this release, the Company has applied certain factors and assumptions that are based on the Company’s current beliefs as well as assumptions made by and information currently available to the Company. Forward-looking information includes the prospectivity of future exploration work on the Company’s properties. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking information in this release is subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking information. Such risk factors include, among others, that actual results of the Company’s exploration activities may be different than those expected by management, that the Company may be unable to obtain or will experience delays in obtaining any required approvals and the state of equity and commodity markets. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.