Vancouver, B.C., Canada – JANUARY 26, 2017 – Deep-South Resources inc. (“Deep-South” or “the Company“) (TSX-V: DSM) announces that it has issued an aggregate of 700,000 incentive stock options (the “Options”) in accordance with the Company’s stock option plan to certain directors of the Company.  Each Option, vesting immediately upon grant, entitles the holder to purchase one common share of the Company at a price of $0.25 per share until January 25, 2020.  The Options and any common shares issued upon exercise will be subject to a four months and a day resale restriction from the date of grant.

Deep-South Resources Inc. is a Canadian company, actively involved in the acquisition, exploration and development of major mineral properties in Namibia and Canada. Deep-South growth strategy is to focus on the exploration and development of quality assets, in significant mineralized trends, close to infrastructure, in stable countries.  

This press release contains certain “forward-looking statements,” as identified in the Jet Gold’s periodic filings with Canadian Securities Regulators that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.  Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains certain “forward-looking statements,” as identified in the Jet Gold’s periodic filings with Canadian Securities Regulators that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

More information is available by contacting

Tim Fernback
604.340.3774
info@deepsouthresources.com