| Latin American Minerals Grants Incentive Stock Options | |
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January 4, 2016 - Toronto, Ontario - Latin American Minerals Inc. (TSXV: LAT) (the 'Company') announces that it has granted, on December 31, 2015, incentive stock options to its directors, officers, a key employee and a consultant, exercisable to purchase up to 2,325,000 common shares in the capital of the Company until December 31, 2020, except for the consultant, which will be until December 31, 2017, at an exercise price of $0.12 per share. The incentive stock options were granted at a 20% premium to market at close of business on Dec. 30, 2015, are in accordance with the Company's Stock Option Plan and vested immediately upon issuance.
About the Company
Latin American Minerals Inc. is a mineral exploration and gold mining company which holds its core gold and diamond projects in Paraguay. The Company is currently expanding its Independencia Mine gold processing plant to encompass heap-leach recovery from mineralization extracted in open pit bulk mining activities at its fully permitted mining concession.
Management has identified six gold zones for drill testing on the Company's adjacent exploration claims, which are part of the Company's 15,020 hectare Paso Yobai gold project.
For more information, please contact:
Basil Botha, Chairman
Vancouver: (1-604) 418-3856 or Toronto: (1-416) 363-0841
E-mail: [email protected]
Website: www.latinamericanminerals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
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Latin American Minerals Inc.
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EXPLORATEUR |
CODE : LAT.V |
ISIN : CA51827X1015 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Latin American Min. est une société d’exploration minière d'or basée au Canada. Latin American Min. détient divers projets d'exploration au Paraguay, en Argentine et en Colombie. Ses principaux projets en exploration sont LA CAROLINA, RIO TENDAL et USPALLATA GRABEN en Argentine, PASO YOBAI au Paraguay et ESMERALDA (LATIN AMERICAN) en Colombie. Latin American Min. est cotée au Canada. Sa capitalisation boursière aujourd'hui est 2,5 millions CA$ (1,9 millions US$, 1,6 millions €). La valeur de son action a atteint son plus haut niveau récent le 20 juin 2014 à 2,50 CA$, et son plus bas niveau récent le 19 juin 2020 à 0,01 CA$. Latin American Min. possède 70 440 000 actions en circulation. |