SASKATOON, SK, May 31, 2021 /CNW/ - Omineca Mining and Metals
Ltd. (TSXV: OMM) ("Omineca" or the "Company") has
approved the grant of 400,000 stock options pursuant to the
Company's Stock Option Plan. All the options were granted to
consultants retained by the Company. The options are
exercisable at $0.25 per share and,
if not exercised, expire May 31,
2026, subject to earlier expiration in accordance with the
Stock Option Plan and the applicable policies of the TSX Venture
Exchange.
About Omineca Mining and Metals Ltd.
Omineca Mining and Metals Ltd.'s flagship Wingdam gold
exploration and placer recovery project is located along the
Barkerville Highway 45 km east of the town of Quesnel. The property includes hard-rock
tenures totaling over 50,000 hectares (500 square kms) and in
excess of 15 linear kilometers of placer claims, both encompassing
the Lightning Creek valley where topographic conditions created a
thick overburden which preserved a large portion of an underground
channel with placer gold-bearing gravels. Omineca also has a
diamond drill program currently underway exploring for the
potential multiple hard rock sources of the placer gold at
Wingdam.
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.
SOURCE Omineca Mining and Metals Ltd