Metallum Resources Inc. Announces Granting of Options
27.05.2013 | Marketwire
TORONTO, May 27, 2013 - Metallum Resources Inc. (TSX VENTURE:MRV) (the "Company") announces that on May 24, 2013 its Board of Directors granted 1,500,000 options under the Company's Stock Option Plan to its various directors and/or officers/and a consultant (consisting of 6 persons) to replace 1,325,000 options which expired on May 1, 2013. The options have been granted for a period of 5 years and have an exercise price of $0.10. All options granted are subject to the terms and provisions of the Stock Option Plan.About Metallum Resources Inc.
Metallum has an option to earn a 70% interest in the M-18 gold property in Argentina. It has 70,945,009 common shares outstanding and approximately $7,900,000 in cash, with no debt, as of today's date.
The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this news release.
Neither the TSX Venture Exchange Inc. 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.
Contact
Metallum Resources Inc.
Greg Lipton, President
(416) 861-8351
(416) 867-2298 (FAX)
greg.lipton@metallumresourcesinc.com
www.metallumresourcesinc.com