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Omineca Mining & Metals Announces Grant of Incentive Stock Options

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Omineca Mining & Metals Announces Grant of Incentive Stock Options

 

 

 

 

 

Omineca Mining and Metals Ltd. (TSX-V: OMM) announces the grant of 5,500,000 stock options pursuant to its stock option plan.  2,500,000 of the options were granted to directors and executive officers, with the balance granted to consultants.  The options are exercisable at $0.07 per share and, if not exercised, expire September 27, 2028, subject to earlier expiration in accordance with the stock option plan and the applicable policies of the TSX Venture Exchange.

 

About Omineca Mining and Metals Ltd.

 

Omineca Mining and Metals Ltd.’s flagship Wingdam gold exploration and placer recovery projects are located along the Barkerville Highway 45 km east of the City of Quesnel. The Wingdam Property includes mineral tenures totaling over 61,392 hectares (613 square kms) and in excess of 15 linear kilometers of placer claims, both encompassing the Lightning Creek valley where topographic conditions created thick layers of overburden, which preserved a large portion of a buried paleochannel containing placer gold-bearing gravels. Omineca also has an exploration and diamond drill program currently underway exploring for the potential multiple hard rock sources of the placer gold at Wingdam.

 

Posted September 28, 2023

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