GPM Metals Inc. announces the grant of stock options ,
TORONTO, Feb. 18, 2014 /CNW/ - GPM Metals Inc. (TSX-V: GPM) (the "Company") announces that it has granted effective February 17, 2014 an aggregate of 3,150,000 options to directors and employees of the Company with such options being exercisable until February 17, 2017 at an exercise price of $0.10. The options vest as 25% immediately and 25% after 6, 12 and 18 months from date of grant.
About GPM Metals;
GPM is a Canadian based mineral exploration and development Company, with a current portfolio of 5 exploration properties in 3 countries.
GPM recently acquired an option on the Walker Gossan Project which consists of approximately 166,675 hectares of highly prospective ground located in the McArthur Basin Mining District, Northern Territory, Australia.
The TSX Venture Exchange has not reviewed and does not accept responsibility for this release
SOURCE: GPM Metals Inc.
%SEDAR: 00008455E
For further information:
CANADA
J. Patrick Sheridan President/CEO 301-141 Adelaide Street West Toronto, ON. Canada M5H 3L5 Phone 416.628.5904 [email protected]
AUSTRALIA
Peter Mullens P.Geo 18 Teneriffe Drive, Teneriffe, QLD 4005, Australia Phone 61.7.3254.2273 [email protected] www.gpmmetals.ca
CO: GPM Metals Inc.
CNW 17:04e 18-FEB-14