Pedro Resources Announces Incentive Stock Options Grant and Resignation of Director – Yahoo Finance

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VANCOUVER, British Columbia, June 12, 2019 (GLOBE NEWSWIRE) — Pedro Resources Ltd. (TSXV PED H) (the “Company”) wishes to announce that it intends to grant 1,021,000 incentive stock options to certain directors, officers and consultants of the Company. The options will expire in 2 years and will be exercisable at a price of $0.17.

The Company also wishes to announce that Mr. Brian Stecyk will fill the vacancy created by Mr. Brian Murray, who has resigned as a director and officer of the Company. The Board of Directors wishes to thank Mr. Murray for his outstanding service to the Company over the years.

Mr. Stecyk has an extensive background not only in corporate communications, but also in corporate and political networking and public relations. Following a career in senior management at the Alberta Government, Brian owned and operated a successful advertising and public relations firm that is now entering its thirty-sixth year in business. In addition to marketing and communications his strengths include strategic management and planning. For several years he was a member of the Canadian Association of Professional Speakers. The Company is very fortunate and pleased to welcome him as a director.

For further information, contact Chris Wilkie, Corporate Communications, at 604-842-2256 or visit the Company’s website at www.pedroresources.ca

On behalf of the Board,

Pedro Resources Ltd.

John Dyer, Director
1 877-497-0528

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward-looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.