GPM Metals Inc. Announces the Grant of Stock Options
TORONTO, ON--(Marketwired - July 26, 2016) - GPM Metals Inc. (TSX VENTURE: GPM) (the "Company") announces that it has granted effective July 26, 2016 an aggregate of 3,825,000 options to directors, employees and consultants of the Company with such options being exercisable at a price of $0.50 per share until July 26, 2019.
The options vest as to 25% immediately and 25% after 6, 12 and 18 months respectively from the date of grant.
About GPM Metals
GPM Metals is a zinc focused exploration company.
The Company's current holdings include the district scale Walker Gossan Project, NT., Australia, a joint venture with Rio Tinto Exploration PTY Limited; and the Pasco Project, Department of Pasco, Peru.
Both projects are advanced exploration properties with drill ready targets and have considerable potential host significant zinc resources.
The TSX Venture Exchange has not reviewed and does not accept responsibility for this release.
Contact
For further information:
J. Patrick Sheridan
1205 -141 Adelaide Street West
Toronto, ON. Canada
M5H 3L5
Phone 416.628.5904 xt 4002
info@gpmmetals.ca