Bocana Resources Corp. Announces Grant of Stock Options

CALGARY, Alberta, May 26, 2023 (GLOBE NEWSWIRE) -- Bocana Resources Corp. (TSXV: BOCA) (Frankfurt: VC1) ("Bocana" or the "Company") announces that it has approved a grant of incentive stock options to two consultants of the Company to purchase an aggregate of 700,000 common shares of Bocana (the "Options"), exercisable at price of $0.10 per share, for a period of five years from the issue date. The grant of the Options is subject to the acceptance of the TSX Venture Exchange and are made in accordance with, and subject to, the terms of Bocana’s stock option plan. The Options and any common shares of Bocana issued pursuant to the exercise of the Options, will be subject to statutory hold periods in accordance with securities regulatory requirements.

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