Dalradian Resources Inc. Dalradian Announces Option Exercise

 
TIDMDALR 
 
 
   Dalradian announces option exercise 
 
   TORONTO, June 23, 2017/Marketwired/ - Dalradian Resources Inc. (TSX:DNA; 
AIM:DALR)  ("Dalradian" or the "Company") announces that 193,561 shares 
have been issued as a result of stock options exercised by a former 
employee on 22 June 2017 with an exercise price of C$1.02 using the 
cashless exercise option available under the Company's stock option 
plan. 
 
   Application has been made for 193,561 common shares further to the 
exercise of the stock options, which will rank pari passu with the 
existing common shares in issue, to be admitted to trading on AIM and 
admission is expected to occur at 8:00am on or around 29 June 2017 
("Admission"). 
 
   Following Admission, the Company will have in issue 252,346,047 Common 
Shares. This figure may be used by shareholders as the denominator for 
the calculations by which they will determine if they are required to 
notify their interest in, or a change to their interest in, the Company 
under the Financial Conduct Authority's Disclosure and Transparency 
Rules. 
 
   About Dalradian Resources Inc. 
 
   Dalradian Resources Inc. is a gold exploration and development company 
that is focused on advancing its high-grade Curraghinalt Gold Project 
located in Northern Ireland, United Kingdom. 
 
   For more information: 
 
   Marla Gale 
 
   Vice President Communications 
 
   [phone] 
 
   [e-mail] 
 
   Grant Thornton UK LLP (Nominated Adviser) 
 
   Philip Secrett / Richard Tonthat/Harrison Clarke 
 
   [phone] 
 
   Canaccord Genuity Limited (Broker) 
 
   Henry Fitzgerald-O'Connor / Martin Davison 
 
   [phone] 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Dalradian Resources Inc. via Globenewswire 
 
 
  http://www.dalradian.com/ 
 

(END) Dow Jones Newswires

June 23, 2017 13:28 ET (17:28 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.