Troymet Exploration Corp. Grants 1.35 Million Stock Options
16.01.2015 | Marketwire
CALGARY, ALBERTA--(Marketwired - Jan. 16, 2015) - Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet" or the "Company") has granted 1.35 million options to purchase common shares of Troymet to directors and officers of Troymet in accordance with the Company's stock option plan. All of the options have an exercise price of $0.05 per share, vest immediately and expire 10 years from the date of issuance.Troymet has determined that exemptions from the various requirements of the TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 are available for the issuance of the options to the directors and officers of the Corporation (Formal Valuation - Issuer Not Listed on Specified Markets; Minority Approval - Fair Market Value Not More Than 25% of Market Capitalization).
TROYMET EXPLORATION CORP.
Kieran Downes, Ph.D., P.Geo.
President, CEO & Director
Website: www.troymet.com
Neither the 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 news release.
This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the Company's disclosure documents on the SEDAR website at www.sedar.com. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.
Contact
Troymet Exploration Corp.
Anthony Zelen, Investor Relations
Tel: 888-456-4952
Cel: 778-388-5258
Email: anthony@senergyir.com