TSX-V: MSR
TORONTO, Feb. 12, 2021 /CNW/ - Minsud Resources
Corp. ("Minsud" or the "Company") is pleased to announce that
it has granted an aggregate of 539,000 incentive stock options
under the Company's stock option plan to certain officers. The
options are exercisable at $0.15 per
share, all of which shall vest one-quarter (1/4) on February 12, 2021, one-quarter (1/4) on
August 12, 2021, one-quarter (1/4) on
February 12, 2022, and one-quarter
(1/4) on August 12, 2022, and shall
be exercisable for a term of five years in accordance with the
Company's stock option plan. As of the date hereof, a total
of 15,621,069 common shares of the Company are reserved for
issuance under the Company's stock option plan and, after this new
grant, 7,569,000 options will be outstanding.
About Minsud Resources Corp:
Minsud is a mineral exploration company focused on exploring its
flagship Chita Valley Cu-Mo- Au-Ag Project, in the Province of San
Juan, Argentina. The Company also
holds a 100% owned portfolio of selected early stage prospects,
including 6,000 ha in Santa Cruz
Province, Argentina.
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.
SOURCE Minsud Resources Corp.