Guyana Precious Metals announces the grant of stock options ,
TORONTO, June 27, 2012 /CNW/ - Guyana Precious Metals Inc. (TSX-V: GPM) (the "Company") announces that it has granted effective June 26, 2012 an aggregate of 250,000 options to a director of the Company with such options being exercisable until June 26, 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
GPM is led by an experienced management team with demonstrable project generation and development talents in Guyana. The Company is presently expanding the exploration and development of its Aremu and Peters Mine Properties; 2 of the 4 historical past gold producers in Guyana. GPM maintains an interest in acquiring additional key exploration and development properties in the country of Guyana.
www.gpmgold.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for this release
%SEDAR: 00008455E
For further information:
Guyana Precious Metals Inc.
Suite 1205 141 Adelaide Street West Toronto, Ontario M5H 3L5 Attn: John Patrick Sheridan Tel: (416) 628-5936 Fax: (416) 628-6835 E-mail: [email protected]
CO: Guyana Precious Metals Inc.
CNW 13:10e 27-JUN-12