THETFORD
MINES, QC, Nov. 17, 2022 /CNW/ - At a
regular meeting of the Board of Directors of Mazarin Inc. (the
"Corporation") held on November 17,
2022 in Thetford Mines,
Quebec, the number of shares reserved under the
Corporation's Stock Option Plan has been increased from 3,927,500
to 4,780,000, and other amendments were made to comply with the
updated Policy 4.4 of TSXV, including that disinterested
shareholder approval is required for any extension to the term of
insider options. Stock options granted under the Stock Option Plan
vest over a period of four years and are valid for a period of five
years.
Mazarin Inc. is a natural resource company who focuses in on the
development of industrial minerals in order to provide value-added
products that meet the criteria of customers worldwide with regard
to performance and economic and ecological concerns. Mazarin's
shares trade on the NEX under the stock symbol MAZ.H.
FORWARD-LOOKING STATEMENTS: This press release contains
forward-looking statements that address future events and
conditions, which are subject to various risks and uncertainties.
Actual results could differ materially from those anticipated in
such forward-looking statements as a result of numerous factors,
some of which may be beyond the Corporation's control. These
factors include: general market and industry conditions, risks
related to commissioning, to continuous operations and to
commercialization of new technologies and other risks disclosed in
the Corporation's filings with Canadian Securities
Administrators.
Forward-looking statements are based on the expectations and
opinions of the Corporation's management as of the date of this
press release. The assumptions used in the preparation of such
statements, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements. The Corporation
does not undertake any obligation to update such forward-looking
information, whether as a result of new information, future events
or otherwise, except as required by applicable law.
Neither 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.
SOURCE Mazarin Inc.
