February 1st, 2017, VANCOUVER, B.C. – ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT) (“Ashburton” or the "Company”) announces that it has granted a total of up to 750,000 stock options to directors and consultants of the company, exercisable at a price of $0.15 per share for a period of two years from the date of grant. The options have been granted in accordance with the company's stock option plan.
With regards to the acquisition of the Z-1 Zeolite Quarry/Mine and the financing announced January 31, 2017 the Company would like to add that Finders' fees will be payable on both these transactions, subject to the policies of the TSX Venture Exchange. Use of proceeds from the financing will include progressing the Z-1 Zeolite Quarry/Mine, the Buckingham Graphite Project in Quebec plus for general working capital. There are no material facts or material changes not generally disclosed.
Ashburton Ventures Inc. is a Canadian-based junior exploration company focused on Canadian mineral projects in Quebec and British Columbia, Canada. If you would like to be added the news release distribution please get in touch with us at [email protected].
ON BEHALF OF THE BOARD
Signed “Michael England”
Michael England, CEO
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995; Toll Free: 1-888-945-4770; www.ashburtonventures.com
Forward-Looking Statements:
Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Ashburton Ventures Inc. Actual results may differ materially from those currently anticipated in such statements. 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 release.