Company Adopts 2013 Stock Option Plan Auramex Resource Corp. announces that it has adopt ed a 2013 Stock Option Plan (the “Plan”). A total of 3,266,000 shares are reserved for issuance under the Plan, which includes shares reserved
750 Grand Boulevard North Vancouver, BC V7L 3W4
Tel: 604-924-9376 Fax: 604-924-9371
FOR IMMEDIATE RELEASE (TSX V Symbol: AUX) December 31, 2013
Company Adopts 2013 Stock Option Plan
Auramex Resource Corp. announces that it has adopted a 2013 Stock Option Plan (the “Plan”). A total of 3,266,000 shares are reserved for issuance under the Plan, which includes shares reserved under options already outstanding under prior plans, representing 20% of the currently issued and outstanding shares of the Company.
Shares reserved under Plan options that expire, terminate or otherwise cease to be exercisable will become available for the issuance of future options under the Plan. Options under the Plan may be granted at the Discounted Market Price, as defined in the policy of the TSX Venture Exchange (the “Exchange”), at the time of the grant. The Plan contains the limitations required by Exchange policy on the number of shares that may be optioned to consultants and persons providing investor relations services, and other restrictions and conditions required by Exchange policy.
The Plan was approved by the disinterested shareholders of the Company at the Annual General Meeting held December 12, 2013 and is subject to the approval of the Exchange.
Management Changes
The Company announces the following management changes: Clive Forth has resigned as a director but accepts the position of Corporate Secretary in place of Judie Whitby. Mr. Forth will continue to provide legal services through his law firm, Venex Law. Judie Whitby continues as Chief Financial Officer.
About Auramex Resource Corp. – www.auramex.com
Auramex Resource Corp. is a junior mining exploration company with projects in British Columbia and in Sinaloa State, Mexico. In B.C., the Company holds approximately 40,000 hectares in its Stewart properties grass roots exploration projects.
For information on Auramex please contact Judie Whitby at (604) 924-9376 or refer to the company’s website: www.auramex.com.
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.