THEMAC Resources Grants Stock Options
August 24 2012 - 12:02PM
Marketwired Canada
THEMAC Resources Group Limited ("THEMAC" or "the Company") (TSX VENTURE:MAC)
announces that it is granting an aggregate of 700,000 stock options to officers,
employees and consultants pursuant to the Company's share option plan. Each
option will entitle its holder to purchase one common share of the Company at an
exercise price of $0.58 per common share for a period of five years from this
date.
The grant is subject to regulatory approval.
About THEMAC Resources Group Limited
THEMAC is a mining development company with a strong management team and as of
May 18, 2011, acquired a 100% ownership interest in the Copper Flat
copper-molybdenum-gold-silver project in New Mexico, USA. We are committed to
bringing the closed copper mine, Copper Flat, in Sierra County, New Mexico back
into production with innovation and a sustainable approach to mining development
and production, local economic opportunities and the best reclamation practices
for our unique environment.
The Company is listed on the TSX Venture Exchange (ticker: MAC) and has issued
share capital of 74,117,622 common shares (fully diluted share capital
136,123,241 before the grant being announced).
For more information please visit www.themacresourcesgroup.com or review the
Company's filings on SEDAR (www.sedar.com).
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