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ATAC Resources Ltd. announces the Granting of Incentive Stock Options

by pmnationtalk on January 23, 2015654 Views

January 23, 2015 — Vancouver, BC – ATAC Resources Ltd. (TSX-V:ATC) (“ATAC”) announces that it has granted incentive stock options under its Incentive Stock Option Plan to its directors and officers and certain employees and consultants, entitling them to purchase up to a total of 1,800,000 shares at a price of $0.75 per share for a period of five years. All of these options are subject to vesting provisions under which 25% of the options will vest at the conclusion of each three months during the first year of the exercise period.

About ATAC

ATAC is a Yukon-based exploration company focused on developing Canada’s only Carlin-type gold district at its 100% owned Rackla Gold Project. Recent work on the 1,700 sq/km project has resulted in a positive Preliminary Economic Assessment for the Tiger Deposit, drilling of multiple high-grade Carlin-type gold zones and the identification of numerous early-stage gold exploration targets. The Rackla Gold Project has no underlying royalties or third-party interests. ATAC is well financed with approximately $20 million in its treasury.

On behalf of Management and the Board of Directors
of ATAC Resources Ltd.

Graham Downs, CEO

For further information, please contact:

Vanessa Pickering, Manager, Corporate Communications
ATAC Resources Ltd.
T: 604-687-2522 ext. 260
vpickering@atacresources.com

NT3

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