/NOT FOR DISTRIBUTION TO US WIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES OF
AMERICA/
Trading Symbols: TSX-V: ZFR
OTC-ZPHYF
Shares Outstanding: 66,603,485
HALIFAX, NS, March 10, 2021 /CNW/ - Zephyr Minerals
Ltd. ("Zephyr" or the "Company") (TSXV:
ZFR) (OTC: ZPHYF), has granted 2,475,000 stock options
to consultants and directors and officers of the Company. The stock
options are exercisable at a price of $0.19 per share for a term of five years expiring
March 9, 2026. The options are
granted in accordance with the Company's stock option plan and as
set forth by TSX Venture Exchange ("TSX-V") policy and are subject
to the approval of the TSX-V.
About Zephyr Minerals Ltd.
Zephyr Minerals Ltd. continues to advance its 100% owned high
grade Dawson-Green Mountain property
in Colorado, USA. After expanding
it's land package to 1,385 hectares (3,574 acres) the Company now
controls a 12.2 km long Dawson-Green
Mountain mineralized trend. The Company believes the
combined Dawson and Green Mountain sections encompassing
approximately 9 km of mineralized trend provide excellent mineral
resource expansion potential.
CAUTIONARY STATEMENT:
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 Zephyr Minerals Ltd.
