Kore Mining Announces Grant of Annual Incentive Awards
Kore Mining Announces Grant of Annual Incentive
Awards
VANCOUVER, BC
,
Dec. 31, 2020
/CNW/ - KORE Mining Ltd. (TSXV: KORE) (OTCQX: KOREF) ("
KORE
" or the
"
Company
") announces that it has granted an aggregate of 248,000 restricted share units ("RSUs"), in accordance
with the Omnibus Plan approved by shareholders on
October 9, 2020
, to certain officers of the Company. The RSUs
are payable in common shares of the Company, and vest in tranches over various dates commencing
December
2021
through
December 2023
and are valid for a term of three years. The grant remains subject to the approval of
the TSX Venture Exchange.
About KORE Mining
KORE is 100% owner of a portfolio of advanced gold exploration and development assets in
California
and
British
Columbia
. KORE is supported by strategic investor
Eric Sprott
who has a total ownership of 26%. KORE
management and Board are aligned with shareholders, owning an additional 38% of the basic shares
outstanding. KORE is actively developing its Imperial Gold project and is aggressively exploring across its portfolio
of assets.
Further information about KORE and its assets can be found on the Company's website at
www.koremining.com
and at
www.sedar.com
, or by contacting us at
or by telephone at (888) 407-5450.
On behalf of KORE Mining Ltd
"Scott Trebilcock"
Chief Executive Officer
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.
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SOURCE
Kore Mining
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http://www.newswire.ca/en/releases/archive/December2020/31/c1684.html
%SEDAR: 00005837E
For further information:
KORE Investor Relations, Arlen Hansen, KIN Communications, 1-888-684-6730,
CO: Kore Mining
CNW 17:30e 31-DEC-20