Gentor Stock Option Grants
24 May 2014 - 6:01AM
Marketwired
Gentor Stock Option Grants
TORONTO, ONTARIO--(Marketwired - May 23, 2014) - Gentor
Resources Inc. ("Gentor" or the "Company") (TSX-VENTURE:GNT)
announces that it has granted to employees, officers, directors and
a consultant of the Company, pursuant to the terms of the Company's
stock option plan, a total of 1,680,000 stock options, each such
stock option entitling the holder to purchase one common share of
the Company at a price of Cdn$0.15 for a period of five years.
These securities have not been and will not be registered under
the United States Securities Act of 1933, as amended, (the
"U.S. Securities Act") or any state securities laws and may not be
offered or sold within the United States or to U.S. Persons unless
registered under the U.S. Securities Act and applicable state
securities laws or an exemption from such registration is
available. This press release does not constitute an offer to sell
or a solicitation of an offer to buy any of the securities in the
United States or to U.S. Persons.
About Gentor
Gentor is a mineral exploration company with copper exploration
properties in Turkey. The Company's strategy is to create
shareholder value by developing highly prospective mineral
properties around the globe, with current focus in Turkey.
For further information, please visit our website at
www.gentorresources.com.
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.
Gentor Resources Inc.Arnold T. KondratPresident & CEO+ 1
(416) 366 2221 or + 1 (800) 714 7938www.gentorresources.com
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