Vancouver, B.C., Metallic Minerals Corp. (TSX-V: MMG; US OTC: MMNGF) (“Metallic Minerals” or the “Company”) today announced that it has granted 2,200,000 incentive stock options (the “Options”) to Directors, Officers, employees and consultants of the Company.
The Options are exercisable for up to five years, expiring on August 24, 2022, and each Option will allow the holder to purchase one common share of the Company at a price of $0.30 per share. The Options are subject to certain vesting requirements in accordance with the Company’s Long-Term Performance Incentive Plan.
About Metallic Minerals Corp.
Metallic Minerals Corp. is a growth stage exploration company, focused on the acquisition & development of high-grade silver and gold in under-explored districts of mining-friendly jurisdictions proven to produce top-tier assets. Our objective is to create value through a systematic, entrepreneurial approach to exploration, reducing investment risk and maximizing the probability of long-term success. Our core Keno Silver project is located in the historic Keno Hill silver district of Canada's Yukon Territory, a region which has produced over 200 million ounces of high-grade silver over the past 100 years and has excellent existing infrastructure, including grid power, highway & road access, and two nearby communities with services. Metallic Minerals is led by a team with a track record of discovery and exploration success, including large scale development, permitting and project financing.
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