In This Article:
BROSSARD, QC / ACCESSWIRE / September 8, 2022 / G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSXV:GMIN)(OTCQX:GMINF) announces that, in accordance with the Corporation's Stock Option Plan, the Board of Directors has granted, as of September 8, 2022, an aggregate of 474,210 stock options (the "Options") to certain directors and officers of the Corporation.
Each Option confers upon its holder the right to purchase one common share in the capital of the Corporation (a "Share") for a period of five years at an exercise price of C$0.77 per Share. The vesting terms for the Options are:
For Directors: one third (1/3) at the date of grant, one third (1/3) one (1) year after the date of grant, and one third (1/3) two (2) years after the date of grant.
For Officers: one third (1/3) one (1) year after the date of grant, one third (1/3) two (2) years after the date of grant and one third (1/3) three (3) years after the date of grant.
About G Mining Ventures Corp.
G Mining Ventures Corp. (TSXV: GMIN) (OTCQX: GMINF) is a mineral exploration company engaged in the acquisition, exploration and development of precious metal projects, to capitalize on the value uplift from successful mine development. GMIN is well-positioned to grow into the next mid-tier precious metals producer by leveraging strong access to capital and proven development expertise. GMIN is currently anchored by its flagship Tocantinzinho Project in mining friendly and prospective Pará State, Brazil.
Additional Information
For further information on GMIN, please visit the website at www.gminingventures.com or contact:
Jessie Liu-Ernsting
Director, Investor Relations and Communications
647.728.4176
info@gminingventures.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 press release.
Cautionary Statement on Forward-Looking Information
All statements, other than statements of historical fact, contained in this press release constitute "forward-looking information" and "forward-looking statements" within the meaning of certain securities laws and are based on expectations and projections as of the date of this press release. Forward-looking statements contained in this press release include, without limitation, those related to the above section entitled "About G Mining Ventures Corp.".
Forward-looking statements are based on expectations, estimates and projections as of the time of this press release. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Corporation as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect. Such assumptions include, without limitation, the items listed in the above section entitled "About G Mining Ventures Corp.".