VANCOUVER, BC, Nov. 24,
2022 /CNW/ - Luminex Resources Corp. (TSXV:
LR) (OTCQX: LUMIF) (the "Company" or "Luminex") announces
that it has granted incentive stock options under the Company's
stock option plan to certain directors, officers, employees and
consultants of the Company to purchase up to an aggregate of
2,012,500 common shares of the Company. The options are exercisable
at a price of $0.25 per share and
will expire on November 24, 2027.
1,962,500 of the options will vest in three equal parts over the
first two years after grant and 50,000 options (the "First Globe
Options") will vest in four equal parts over the first two years
after grant.
Additionally, the Company has renewed its agreement with First
Globe Capital International Inc. ("First Globe") that was announced
on October 5, 2018, for an additional
12 months. First Globe is based out of Vancouver, British Columbia, and is owned by
Anish Sunderji. First Globe provides
institutional fundraising and advisory services to its clients. The
Company has compensated First Globe for its services by granting
the First Globe Options described above. In addition, the Company
has also agreed to reimburse First Globe for its reasonable
incidental expenses incurred in providing the investor relation
services to the Company. First Globe does not otherwise have any
relationship with or hold any securities of the Company, except for
previously granted stock options.
About Luminex Resources
Luminex Resources Corp. (TSXV:LR, OTCQX:LUMIF) is a Vancouver, Canada based precious and base
metals exploration and development company focused on gold and
copper projects in Ecuador.
Luminex's inferred and indicated mineral resources are located at
the Condor Gold-Copper project in Zamora-Chinchipe Province,
southeast Ecuador. Luminex also
holds a large and highly prospective land package in Ecuador, including the Pegasus and Orquideas
projects, which are being co-developed with Anglo American and JOGMEC respectively.
Further details are available on the Company's website
at https://luminexresources.com/.
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LUMINEX RESOURCES CORP.
Signed: "Marshall Koval"
Marshall Koval, CEO and
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 news release.
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content:https://www.prnewswire.com/news-releases/luminex-announces-granting-of-options-301686653.html
SOURCE Luminex Resources Corp.
