GoldQuest Announces Grant of Stock Options
12 March 2019 - 4:00AM
GoldQuest Mining Corp. (TSXV:GQC) “GoldQuest” or the “Company”)
announces a corporate update.
The Board of Directors of GoldQuest Mining Corp. (the “Company”)
has granted 500,000 options to an officer of the Company. The
option grant is the result of the Company’s annual compensation
review and the issuance is made under the stock option plan of the
Company. The plan was approved by shareholders on June 29,
2018 and allows the Company to issue a number of options up to 10%
of its rolling issued and outstanding common shares. The
options have an exercise price of $0.15, are exercisable for a
five-year period from the date of grant and will vest as follows: ⅓
on the date of grant, ⅓ on the six month anniversary from the date
of the grant and ⅓ on the one year anniversary from the date of the
grant.
About GoldQuest
GoldQuest is a Canadian based emerging mineral development
company with projects in the Dominican Republic traded on the TSX-V
under the symbol GQC.V and in Frankfurt/Berlin with symbol M1W.
For further information, please
contact:
GoldQuest Mining Corp.Dave MassolaCEO –
Toronto+1-416-583-5606dmassola@goldquestcorp.com
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 news release.
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