PMI Resources Ltd. Announces Stock Option Grant
23 August 2016 - 5:34AM
PR Newswire (Canada)
VANCOUVER, Aug. 22, 2016 /CNW/ - PMI Resources Ltd.
("PMI" or the "Company") (TSXV: PMI) PMI Resources Ltd.
reports that pursuant to the Company's stock option plan, a total
of 975,000 stock options have been granted to directors, officers,
charities and consultants of the Company at an exercise price of
$0.61 per share, exercisable for a
period of ten years, subject to regulatory approval.
About PMI Resources Ltd.
PMI Resources Ltd. is an
international oil and gas company with exploration assets in
France, including two exploration
licenses (Ger and Ledeiux) totalling 169,790 net acres located in
the gas-producing Acquitaine Basin.
ON BEHALF OF THE
BOARD OF DIRECTORS OF PMI RESOURCES LTD.
|
"DAVID FARRELL"
CEO & DIRECTOR
|
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 PMI Resources Ltd.
Copyright 2016 Canada NewsWire
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