American Copper Development Corporation grants stock options

Vancouver, British Columbia–(Newsfile Corp. – September 12, 2022) – American Copper Development Corporation (CSE: ACDX) (“ACDC” or the “Company”) reports that pursuant to the Company’s 2021 Incentive Stock Option Plan, the Company has granted incentive stock options to directors, officers , employees and consultants of the Company to purchase up to 4,200,000 common shares in the share capital of the Company. The options can be exercised no later than September 9, 2027 at a price of $0.25 per share.

About the company

The Company is engaged in mining exploration and acquisition of mining assets. Its objective is to locate and develop economic precious metal and base metal properties and to conduct its exploration program on the Lordsburg property and the Chuchi South property.

This press release does not constitute an offer to sell or a solicitation of an offer to buy securities in the United States. The Securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Law“) or any state securities law and may not be offered or sold in the United States or to United States persons unless registered under United States securities law and applicable state securities laws securities or an exemption from such registration.

American Copper Development Corporation

For more information, please contact:‎
Daniel Schieber
Chairman and Chief Executive Officer and Director
Phone: (778) 372-9888
Email: invest@american-copper.com

Caution Regarding Forward-Looking Information

This press release contains certain “forward-looking information” under applicable Canadian securities laws. Forward-looking information involves risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information is necessarily based on a number of estimates and assumptions which, although believed to be reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results to differ. and future events differ materially from those expressed or expressed. implied by such forward-looking information. Accordingly, the forward-looking information described in this release may not occur and may differ materially due to these known and unknown risk factors and uncertainties affecting ACDC. Although ACDC believes that the assumptions and factors used in preparing the forward-looking information are reasonable, undue reliance should not be placed on such information, which speaks only as of the date of this press release, and no no assurance can be given that such events will occur within the time frames disclosed or at all. Except as required by law, ACDC disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/136738