TSX-V: MSR
TORONTO, Jan. 9, 2023
/CNW/ - Minsud Resources Corp. ("Minsud" or the "Company")
is pleased to announce that it has granted an aggregate of
2,450,000 incentive stock options under the Company's stock option
plan to certain directors, officers and employees of the Company.
The options are exercisable at price of $0.30 per share, expire on January 9, 2028 and will be subject to the
following vesting terms: one-quarter (1/4) shall vest on
January 9, 2023, one-quarter shall
vest (1/4) on June 9, 2023,
one-quarter (1/4) shall vest on January 9,
2024, and the balance shall vest on June 9, 2024. As of the date hereof, a total of
16,389,069 common shares of the Company are reserved for issuance
under the Company's stock option plan and, after this new grant
7,326,000 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-Pb-Zn 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.