Vancouver, British Columbia, June 20, 2023. Nevada Organic Phosphate Inc. (“NOP” or the “Company) (CSE: NOP), a BC based company engaged in the exploration, in Nevada, for organic, sedimentary raw rock phosphate, is pleased to announce that it has entered into a consulting agreement (the “Agreement”) with Jack Weatherell for the provision of shareholder communications and investor relations services. NOP is also pleased to announce the appointment of Andrew Brown as corporate secretary.
The Agreement, dated June 20, 2023 and having a term expiring November 30, 2023, subject to further extension, provides for consideration of $2,500 per month and the grant of 75,000 stock options. Mr. Weatherell’s business address and contact details are as follows: #3 – 2471 Marine Drive, West Vancouver, British Columbia; email: firstname.lastname@example.org. Mr. Weatherell and the Company are at arm’s length.
The Company further announces that it has granted a total of 225,000 stock options exercisable at a price of $0.075 per share for a period of five years, which includes the above noted options to Mr. Weatherell and 150,000 options to a company owned and controlled by Mr. Brown.
Nevada Organic Phosphate Inc.
NOP is a junior exploration company with an organic sedimentary raw rock phosphate bed, 8.25 kilometers long, in northeast Nevada. This is believed to be the only known organic sedimentary phosphate project in North America. It is situated close to the main highway to Montello/Elko, Nevada, and near the rail head to California.
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Robin Dow, CEO
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This news release may contain forward-looking statements and information (“FLSI”) within the meaning of applicable securities laws. FLSI may include expectations, anticipations, beliefs, opinions, plans, intentions, estimates, forecasts, projections, guidance or other similar statements and information that are not historical facts. All statements which are not historical statements are considered FLSI. All FLSI is based on assumptions, which may prove inaccurate, and subject to certain risks and uncertainties, including without limitation those risks and uncertainties identified in the Company’s public securities filings, which may cause actual events or results to differ materially from those indicated or implied in FLSI. Accordingly, readers should not place undue reliance or value on FLSI. Although the Company believes that the expectations reflected in any FLSI in this news release are reasonable at the present time, it can give no assurance that such FLSI will prove to be correct. Any FLSI in this news release is made as of the date hereof and the Company undertakes no obligations to publicly update or revise any FLSI, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. Any FLSI in this news release is expressly qualified in its entirety by this cautionary statement.