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Adyton Resources Grants Restricted Shares
PORT MORESBY, Papua New Guinea, March 31, 2023 (GLOBE NEWSWIRE) -- Adyton Resources Corporation (TSX Venture: ADY) (“Adyton” or the “Company”) announces that it
About this update from Adyton Resources Corporation
[{"type":"text","content":" PORT MORESBY, Papua New Guinea, March 31, 2023 (GLOBE NEWSWIRE) -- Adyton Resources Corporation (TSX Venture: ADY) (“Adyton” or the “Company”) announces that it has granted an aggregate of 4,182,999 restricted shares to its officers, directors and certain consultants pursuant to the Company’s Non-Option Omnibus Incentive Plan and as compensation for ongoing services rendered to the Company. The restricted shares will vest in three equal tranches on each of four, eight and twelve months after the grant date. The restricted shares are subject to trading restrictions and a repurchase right by the Company until they have vested. ON BEHALF OF THE BOARD OF ADYTON RESOURCES CORPORATION Tim Crossley, Chief Executive Officer For further information please contact: Tim Crossley, Chief Executive Officer E-mail: [email protected] Phone: +61 7 3854 2389 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 press release. ABOUT ADYTON RESOURCES CORPORATION Adyton Resources Corporation is focused on the development of gold and copper resources in world class mineral jurisdictions. It currently has a portfolio of highly prospective mineral exploration projects in Papua New Guinea on which it is exploring for copper and gold. The Company’s mineral exploration projects are located on the Pacific Ring of Fire which hosts several world class copper and gold deposits. Adyton’s current gold resource inventory is more than 2M Oz. For more information about Adyton and its projects, visit www.adytonresources.com. Qualified Person The scientific and technical information contained in this press release has been prepared, reviewed, and approved by Rod Watt, BSc Hons (Geo), FAusIMM, Chief Geologist of Adyton, who is a \"Qualified Person\" as defined by National Instrument 43‐ 101 ‐ Standards of Disclosure for Mineral Projects (\"NI 43‐101\"). Mr. Watt consents to the inclusion of his name in this release. Mr. Watt verified the data disclosed in this press release in accordance with industry standard best practices, including sampling, analytical, and test data underlying the information or opinions contained herein. Forward looking statements This press release includes “forward‐looking statements”, ...