Oro X Announces Grant of Incentive Stock Options and Restricted Share Units
Oro X Announces Grant of Incentive Stock
Options and Restricted Share Units
/NOT FOR DISTRIBUTION TO
UNITED STATES
NEWS WIRE SERVICES OR FOR
DISSEMINATION IN
THE UNITED STATES
/
VANCOUVER, BC
,
Nov. 2, 2020
/CNW/ -
ORO X MINING CORP.
(TSXV: OROX)
(the "
Company
")
announces the grant of a total of 675,000 incentive stock options to a director and consultants of the
Company, subject to TSX Venture Exchange acceptance. Each option is exercisable to purchase
one common share of the Company for five years at a price of
C$0.70
per common share in
accordance with the terms of the Company's stock option plan.
The Board of Directors of the Company also approved the grant of 1,750,000 restricted share units
to certain directors, officers, and consultants of the Company, subject to the meeting of vesting
conditions. The restricted share units were granted in accordance with the Company's restricted
share unit plan.
ON BEHALF OF THE BOARD
Luis Zapata
CEO & Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.
SOURCE
Oro X Mining Corp.
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For further information:
Oro X Mining Corp., Luis Zapata, CEO, 236 858 9593,
CO: Oro X Mining Corp.
CNW 08:30e 02-NOV-20