Southern Empire Resources Corp. (“Southern Empire”; TSX-V: SMP) announces that it has granted a total of 2,240,000 stock options to its directors, officers, employees, and consultants. Of the 2,240,000 stock options, 1,740,000 stock options are exercisable at $0.07 per share, 100,000 stock options are exercisable at $0.11 per share and 400,000 are exercisable at $0.30 per share. All of the stock options will expire five years from the date of grant.
About Southern Empire Resources Corp.
Southern Empire is engaged in the acquisition, exploration, and development of metals and minerals deposits in the American southwest and northern México; particularly focused on those that are amenable to lower-cost metal extraction methodologies such as heap leaching. To achieve its goals, Southern Empire has assembled a board of directors, all veterans in mine and corporate finance, exploration, permitting, development, and operations that will guide the future growth of the company.
For more information on Southern Empire, its people, and its projects, please visit our website: www.smp.gold.
On behalf of the Board of Directors of Southern Empire Resources Corp.,
Dale Wallster, CEO and Director
For further information on Southern Empire please visit both www.smp.gold and SEDAR+ or contact: Lubica Keighery, (778) 889-5476, lubica@smp.gold .
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Notice on Forward-Looking Information and Forward-Looking Statements
Information provided in this news release may contain forward-looking information or forward-looking statements that are based on assumptions as of the date of this news release. Such information or statements reflect management’s current estimates, beliefs, intentions and expectations and are not guarantees of future performance. Southern Empire cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond its respective control. Such factors include, among other things: risks and uncertainties relating to Southern Empire’s limited operating history, the need to comply with environmental and governmental regulations, results of exploration programs on its projects and those risks and uncertainties identified in its annual and interim financial statements and management discussion and analysis. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Southern Empire undertakes no obligation to publicly update or revise forward-looking information.