Goldsource Mines Announces Adoption of New Stock Option Plan and Grant of Stock Options
14.04.2014 | Marketwired
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The Company also announces the grant of stock options to directors, officers, employees and consultants to purchase an aggregate of 2,075,000 common shares of the Company at an exercise price of $0.24 per share for a five year term expiring April 10, 2019. The options will be subject to an 18-month vesting schedule pursuant to which 25% shall vest immediately as of the date of grant and a further 25% shall vest every 6 months thereafter until fully vested.
Of the stock options granted, options to purchase a total of 1,050,000 common shares were granted under the New Plan and are subject to the Company receiving the necessary shareholder and regulatory approvals of the New Plan and the option grants. If such approvals are not obtained, the options granted under the New Plan will terminate.
ABOUT GOLDSOURCE MINES INC.
Goldsource Mines Inc. (www.goldsourcemines.com) is a Canadian resource company that is working aggressively to develop its advanced-stage, 100%-owned Eagle Mountain gold project in Guyana with initial staged production in 2014. The project has an existing NI 43-101-compliant resource of 188,000 Indicated and 792,000z Inferred gold ounces, with strong potential to expand its resources. Goldsource Mines is led by an experienced management team, proven in making exploration discoveries, achieving construction on time and budget, and fast-tracking production.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact
Goldsource Mines Inc.
J. Scott Drever, CEO
+1(604) 694-1760 or Toll Free: 1-866-691-1760 (Canada & USA)
Goldsource Mines Inc.
Ioannis (Yannis) Tsitos, President
+1(604) 694-1760 or Toll Free: 1-866-691-1760 (Canada & USA)
Goldsource Mines Inc.
Fred Cooper, Investor Relations
+1(604) 694-1760 or Toll Free: 1-866-691-1760 (Canada & USA)
+1(604) 694-1761
info@goldsourcemines.com
www.goldsourcemines.com