Official news release
NEWS RELEASE
FOR IMMEDIATE RELEASE February 24, 2017 Toronto, Ontario
McLAREN RESOURCES GRANTS 1,725,000 OPTIONS
Toronto, ON: McLaren Resources Inc. (“McLaren” / the “Company”) (CSE: MCL, Frankfurt: 3ML) announces that the Company has granted share purchase options to purchase shares of the Company at an exercise price of $0.125 per share to Company officers, directors, consultants and service providers for terms of up to five years.
McLaren is focused on exploration work on its gold properties located in the Timmins Gold District including the TimGinn Property which hosts the former Gilles Lake Mine and is located adjacent to the Hollinger Mine operated by Goldcorp. Also located in Central Timmins is the Augdome Property which hosts gold mineralized zones located adjacent to the Dome Mine operated by Goldcorp. In East Timmins is the Blue Quartz Property which hosts the former Blue Quartz Mine located 10 km north of the Black Fox Mine operated by Primero Mining.
For more information, please contact:
Michael Meredith, President
Phone: 416-203-6874
MCLAREN RESOURCES INC. 44 Victoria Street, Suite 1616 Toronto, Ontario M5C 1Y2 Tel: 416 203 6784
The Canadian Securities Exchange has neither approved nor disapproved the contents of the press release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.
Certain statements contained in this news release constitute "forward looking statements". When used in this document, the words "anticipated", "expect", "estimated", "forecast", "planned", and similar expressions are intended to identify forward looking statements or information. These statements are based on current expectations of management; however, they are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from the forward-looking statements in this news release. Readers are cautioned not to place undue reliance on these statements. McLaren Resources Inc. does not undertake any obligation to revise or update any forward-looking statements as a result of new information, future events or otherwise after the date securities laws.