Rugby Announces Cancellation of Certain Stock Options

VANCOUVER, British Columbia, Feb. 12, 2021 (GLOBE NEWSWIRE) -- Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) announces that, following agreement with the option holders, it has cancelled a total of 2,090,000 stock options. No consideration was paid upon the cancellation.

Following the cancellation, the Company will have 11,250,000 stock options outstanding.

For additional information you are invited to visit the Rugby Mining Limited website at www.rugbymining.com.

RUGBY MINING LIMITED
Bryce Roxburgh
President and CEO

For further information, please contact:

NEITHER 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