Avrupa Minerals Grants Stock Options
06 March 2014 - 6:03AM
Marketwired
Avrupa Minerals Grants Stock Options
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 5, 2014) -
Avrupa Minerals Ltd. (TSX-VENTURE:AVU)(FRANKFURT:8AM) has granted
200,000 stock options to a Director to purchase common shares of
the Company at an exercise price of $0.165 per share for a period
of five years, expiring on March 3, 2019.
The Board approved this grant of options on March 3, 2014 for
the Director who was recently appointed to the Board. The Board of
Directors of Avrupa have received no other compensation than stock
options for their role as Directors.
Avrupa continues to work to keep the interests of the
shareholders, Board and management aligned by granting such options
and encouraging all of the Board, management and contractors to be
shareholders of the company.
At present, the Board and Management own 17% of Avrupa's issued
common shares. Other Insiders control an additional 9% of the
Company's shares.
Avrupa Minerals Ltd. is a growth-oriented junior exploration and
development company focused on discovery, using a prospect
generator model, of valuable mineral deposits in politically stable
and prospective regions of Europe, including Portugal, Kosovo, and
Germany.
The Company currently holds 15 exploration licenses in three
European countries, including nine in Portugal covering 2,980 km2,
five in Kosovo covering 153 km2, and one in Germany covering 307
km2. Avrupa operates three joint ventures in Portugal,
including:
- The Alvalade JV, with Antofagasta, covering one license in the
Iberian Pyrite Belt of southern Portugal, for Cu-rich massive
sulfide deposits;
- The Covas JV, with Blackheath Resources, covering one license
in northern Portugal, for intrusion-related W deposits; and
- The Arga JV, also with Blackheath Resources, covering one
license located adjacent to the Covas JV, for intrusion-related
Au-W deposits.
Avrupa is currently upgrading precious and base metal targets to
JV-ready status in a variety of districts on their other licenses,
with the idea of attracting potential partners to project-specific
and/or regional exploration programs.
On behalf of the Board,
Paul W. Kuhn, President & Director
This news release was prepared by Company management, who
take full responsibility for its content. Paul W. Kuhn, President
and CEO of Avrupa Minerals, a Licensed Professional Geologist and a
Registered Member of the Society of Mining Engineers, is a
Qualified Person as defined by National Instrument 43-101 of the
Canadian Securities Administrators. He has reviewed the technical
disclosure in this release.
Neither 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.
Avrupa Minerals Ltd.1-604-687-3520www.avrupaminerals.com
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