Metalore Announces Granting of Stock Options

Simcoe, Ontario (FSCwire) - Metalore Resources Limited (MET/TSXV) (“Metalore” or the “Company”) announces the board of directors of the Corporation has approved the grant of an aggregate of 48,000 options (the “Options”) to purchase common shares in the capital of the Company by certain directors and officers, consultants and employees.  The Options are exercisable at a price of $3.00 per common share for a term of three years, until June 16, 2020.  The issuance of options is subject to all necessary approvals by the TSX Venture Exchange.

About Metalore Resources

Metalore Resources Limited is a Canadian junior resource company trading under the symbol MET on the TSX Venture Exchange.  The Company is engaged in the production and sales of natural gas, and gold exploration in Ontario.

For further information please contact:

Armen Chilian P.Geo.    Interim President and CEO

(519) 428 – 2464   [email protected]

or

John Ryan, CFO and Director

(519) 822-5904    [email protected]

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/metalore06162017.pdf
Source: Metalore Resources Limited (TSX Venture:MET)

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