Xplore Resources to Attend VRIC Investment Conference

Rhea-AI Summary

Xplore Resources Corp. is participating in the 2024 VRIC Investment Conference in Vancouver, Canada. The company has also granted incentive stock options to officers, directors, and consultants, allowing the purchase of 2,300,000 common shares at $0.15 per share for a period of three years.

Vancouver, British Columbia--(Newsfile Corp. - January 19, 2024) - Xplore Resources Corp. (TSXV: XPLR) (the "Company" or "Xplore") is pleased to announce its participation in the 2024 VRIC Investment Conference in Vancouver, Canada.

Event and Booth Details

• Event: VRIC 2024
• Date: January 21-22, 2024
• Location: Vancouver Convention Centre West Building, Vancouver, BC, Canada
• Booth Number: 633
• Company Website: www.xploreresources.com

The Company also announces that it has granted incentive stock options authorizing the purchase of 2,300,000 common shares (the "Options") to officers, directors and consultants of the Company. The Options are exercisable at $0.15 per share for a period of three years from the date of grant. The Options have been granted under and are governed by the terms of the Company's incentive stock option plan and are subject to the acceptance of the TSX Venture Exchange.

About Xplore Resources

Xplore Resources is a Canadian exploration company listed on the TSX Venture Exchange under symbol XPLR and is focused on the acquisition and development of lithium projects in Ontario. The company has key land positions along the Root Bay lithium trend. Xplore is run by tenured management supported by an internal specialized team with a successful track record for multi-project exploration.

ON BEHALF OF THE BOARD OF DIRECTORS,

Dominic Verdejo, CEO
Xplore Resources Corp.

For further information on Xplore, contact Investor Relations
Telephone: 604-678-5308
Email: info@xploreresources.com
Website: www.xploreresources.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/195015

FAQ

What is Xplore Resources Corp. participating in?

Xplore Resources Corp. is participating in the 2024 VRIC Investment Conference in Vancouver, Canada.

How many common shares can be purchased through the incentive stock options?

The incentive stock options allow the purchase of 2,300,000 common shares.

At what price are the common shares exercisable?

The common shares are exercisable at $0.15 per share for a period of three years.