Milner Consolidated Silver Mines Ltd. Grants Incentive Stock Options
02 August 2014 - 1:52AM
Marketwired Canada
Milner Consolidated Silver Mines Ltd. (the "Company" or "Milner") (TSX
VENTURE:MCA) announced today that, pursuant to the Company's Stock Option Plan,
a total of 743,850 incentive stock options have been granted to directors and
officers of the Company and its subsidiary. The options are exercisable at a
Discounted Market Price of $0.05 per common share for a period of five years,
expiring on July 31, 2019.
These options have been granted to replace previously issued options (743,850
shares) having expiry dates in March and May of 2014. These previously issued
options all expired unexercised.
The market price at close of previous day was $0.065. The grant of this option
is in accordance with the existing stock option plan. The stock options are for
a term of five years and vest immediately.
The grant of the incentive stock options is subject to regulatory approval.
About Milner Consolidated Silver Mines Ltd.
Milner is a junior resource company, quoted for trading on the TSX Venture
Exchange under the symbol MCA. There are currently 7,438,506 shares issued and
outstanding in the Company.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release."
FOR FURTHER INFORMATION PLEASE CONTACT:
Milner Consolidated Silver Mines Ltd.
Deborah Bazinet
CEO
705-533-3430
705-533-1521 (FAX)
Milner Consolidated Silver (TSXV:MCA)
Historical Stock Chart
From Oct 2024 to Nov 2024
Milner Consolidated Silver (TSXV:MCA)
Historical Stock Chart
From Nov 2023 to Nov 2024
Real-Time news about (TSX Venture Exchange): 0 recent articles
More Milner Consolidated Silver Mines Ltd. News Articles