VANCOUVER, BC, Feb. 3, 2021 /CNW/ - Barsele Minerals
Corp. (TSXV: BME) (the "Company" or
"Barsele") is pleased to announce that it has granted an
aggregate of 2,575,000 incentive stock options (the
"Options") to directors, officers, and consultants to
purchase up to 2,575,000 common shares in the capital of Barsele
(the "Shares"). The Options have an exercise price of
$0.65 per Share, expire five years
from the date of grant and vested immediately on the date of grant.
As a result of this grant of Options, Barsele has 10,025,000
Options outstanding, representing 7.8% of the issued and
outstanding Shares.
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. An updated NI 43-101 Technical
Report on the Barsele Project with an effective date of
February 21, 2019, was filed on SEDAR
on April 2, 2019.
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 business
affairs of the Company and the Options. 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
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SOURCE Barsele Minerals Corp.