Metalore Announces Granting of Stock Options
Simcoe, Ontario (FSCwire) - Metalore Resources Limited (MET/TSXV) (“Metalore” or the “Company”) announces the board of directors of the Corporation has approved the grant of an aggregate of 48,000 options (the “Options”) to purchase common shares in the capital of the Company by certain directors and officers, consultants and employees. The Options are exercisable at a price of $3.00 per common share for a term of three years, until June 16, 2020. The issuance of options is subject to all necessary approvals by the TSX Venture Exchange.
About Metalore Resources
Metalore Resources Limited is a Canadian junior resource company trading under the symbol MET on the TSX Venture Exchange. The Company is engaged in the production and sales of natural gas, and gold exploration in Ontario.
For further information please contact:
Armen Chilian P.Geo. Interim President and CEO
(519) 428 – 2464 firstname.lastname@example.org
John Ryan, CFO and Director
(519) 822-5904 email@example.com
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Source: Metalore Resources Limited (TSX Venture:MET)
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