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Matamec Grants Stock Options
is pleased to announce that the Board decided to grant 1,275,000 stock option Company's to directors, officers and employees.
All stock options, totalling 1,275,000, were granted at an exercise price of $0.10 per share, for a period of five years. These options, as well as the terms and conditions of their exercise, are governed by the Company's Stock Option Plan.
About Matamec
Matamec Explorations Inc. is a junior mining exploration company whose main focus is in developing the Kipawa HREE deposit owned at 72% by the Company and at 28% by Ressources Québec. Furthermore, the Company is exploring more than 35 km of strike length in the Kipawa Alkalic Complex for rare earths-yttrium-zirconium-niobium-tantalum mineralization on its Zeus property.
The Company is also exploring for gold, base metals and platinum group metals. Its gold portfolio includes the Matheson JV property holds at 50% located along strike and in close proximity to the Hoyle Pond Mine in the prolific gold mining camp of Timmins, Ontario. In Quebec, the Company optioned its Sakami property located in the James Bay region of northern Quebec to Canada Strategic Metals which can be acquired a 50% interest by spending $2,250,000 on the property in three years. Furthermore, Matamec is exploring for precious and base metals on its Valmont and Vulcain properties, and for lithium and tantalum on its Tansim property.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
For further information please contact:
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André Gauthier
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President
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Tel: 514-844-5252
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Fax: 514-844-0550
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Matamec Explorations Inc.
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EXPLORATEUR |
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CODE : MAT.V |
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ISIN : CA5765411064 |
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Matamec Expl. est une société développant des projet miniers d'or et de cuivre basée au Canada. Matamec Expl. détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont WACHIGABAU, ZEUS PROPERTY, SAKAMI, MATHESON et LA GRANDE EST au Canada. Matamec Expl. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 3,4 millions CA$ (2,6 millions US$, 2,2 millions €). La valeur de son action a atteint son plus haut niveau récent le 15 janvier 1999 à 4,80 CA$, et son plus bas niveau récent le 21 juin 2018 à 0,02 CA$. Matamec Expl. possède 136 966 852 actions en circulation. |