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Canada Zinc Metals Corp.

03:51 PM EST - Canada Zinc Metals Corp. : Announced that Teck Resources Limited and Korea Zinc Co. Ltd. have delivered to the Company an exercise notice regarding the Optionees’ First Option on the Pie, Yuen and Cirque East properties. The Pie, Yuen and Cirque East properties are the subject of an option agreement concluded on September 9, 2013 with Teck and partner, Korea Zinc. The Option Agreement would see Teck and Korea Zinc spend up to $8.5 million to acquire up to 70% interest in the Pie Option properties in two phases. Canada Zinc Metals Corp. shares V.CZX are trading up $0.005 at $0.28.