Consolidated Woodjam Copper Corporation: Completes Private Placement, Grants Stock Options
Woodjam Copper has granted a total of 4,000,000 incentive stock options to directors, employees and consultants to the Company pursuant to the Company's stock option plan. The stock option plan (a "rolling" plan with a maximum of 10% of issued shares reserved for issuance) was approved by shareholders on September 2, 2015. The 4,000,000 options are exercisable for a period of ten years at a price of $0.05 per share.
Following this stock option grant there are 6,575,000 stock options outstanding with expiries from 2021 through 2026 and exercise prices ranging from $0.05 to $0.29 per share. The Company presently has 72,052,893 shares issued and outstanding.
On behalf of the board of directors of Consolidated Woodjam Copper Corp.
Donald D. Sharp
Donald D. Sharp, C.A., Director & CFO
Contact:
Consolidated Woodjam Copper Corp.
Paul Way, Business Development Manager
(604) 681-7913
Toll Free: 888-656-6611
pway@eastfieldgroup.com
About Consolidated Woodjam Copper Corporation
Consolidated Woodjam Copper Corp. ("Woodjam Copper") (TSX-V: WCC) trades on the TSX-V exchange and, based on its acquisition agreement with Gold Fields, owns a 100% interest in the Woodjam North and Woodjam South projects in British Columbia. Visit the Company's website at: www.woodjamcopper.com
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