Toronto, Ontario--(Newsfile Corp. - July 4, 2016) - Cava Resources Inc. (TSXV: CVA) ("Cava" or, the "Company") announces that the board of directors of the Company has approved the granting of 1,500,000 incentive stock options (the "Options") pursuant to the Company's Stock Option Plan to directors, officers and consultants of the Company. The Options are exercisable at a price of $0.10 per share expiring on July 4, 2021.
For further information contact:
R. Brian Murray,
John V. Hickey,
The TSXV has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this news release. The TSXV has neither approved nor disapproved the contents of this news release.
All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of the Company, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators.