VANCOUVER, Dec. 19, 2019 /CNW/ - Barsele Minerals Corp.
(TSXV: BME) (U.S.: BRSLF) (the "Company" or "Barsele") announces
that it has granted an aggregate of 2,300,000 incentive stock
options to directors, officers, and consultants to purchase up to
2,300,000 common shares in the capital of Barsele. The incentive
stock options have an exercise price of $0.53 per share, expire five years from the date
of grant, and vest immediately. As a result of this option grant,
Barsele has 12,025,000 stock options outstanding, representing 9.8%
of the issued and outstanding share capital of the Company.
About the Barsele Gold Project
The Barsele Project is
located on the western end of the Proterozoic "Skellefte Trend", a
prolific volcanogenic massive sulphide deposits belt, that
intersects with the "Gold Line" in Northern Sweden. Both polymetallic deposits
and intrusive hosted orogenic gold deposits are present in this
region and on the property. Current and past producers in the
region include Boliden, Kristineberg, Bjorkdal, Svartliden and
Storliden.
About Barsele Minerals Corp.
Barsele is a
Canadian-based junior exploration company managed by the Belcarra
Group, comprised of highly qualified mining professionals.
Barsele's main property is the Barsele Gold Project in
Västerbottens Län, Sweden, a joint
venture with Agnico Eagle.
ON BEHALF OF THE BOARD OF DIRECTORS
Gary Cope
President
This News Release may contain forward-looking statements including but not limited to comments regarding the
stock options
outstanding, etc. Forward-looking statements address future events and conditions and therefore involve
inherent risks and uncertainties. Actual results may differ
materially from those currently anticipated in such
statements and Barsele
undertakes no obligation to update such statements, except as required by law.
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
SOURCE Barsele Minerals Corp.
