Tirex Grants Incentive Stock Options
700–510 West Hastings St. Tel: 604-687-7160 www.tirexresources.com Vancouver B.C. Fax: 604-608-9110 [email protected] Canada V6B 1L8 TXX: TSX-V
June 13, 2014 - NR 7-2014
Tirex Grants Incentive Stock Options
Tirex Resources has granted incentive stock options to buy an aggregate of 2.40 million shares exercisable at a price of $0.32 per share for a period of five years to directors, officers, employees, consultants and contractors of the company. Included within this grant are the option grants to two key Advisory Board members appointed in the last 12 months (see Tirex News Release 2013- 08-29 and Tirex News Release 2014-03-24 for details on these appointments). Further, there are 935,000 incentive stock options slated to expire September 25th, 2014 and 200,000 incentive stock options slated to expire on June 19th, 2014. This option grant is subject to the company’s Stock Option Plan and TSX Venture Exchange acceptance.
On Behalf of Management,
Bryan Slusarchuk, CEO
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 release