Omineca Announces Grant of Incentive Stock Options
Omineca Announces Grant of Incentive Stock Options
Saskatoon, SK. May 14, 2018 – Omineca Mining and Metals Ltd. (TSX-V: OMM)(“Omineca
or the “Company”) announces that the Board of Directors of the Company has granted an
aggregate of 4,000,000 incentive stock options to di rectors, officers and consultants to the
Company at an exercise price of $0.05 per share. In accordance with the Company’s stock option
plan, the options vest immediately and shall expi re 10 years after issuan ce, subject to earlier
expiration in accordance with the stock option plan and the applicable policies of the TSX Venture
Exchange. Such options (and the common shares issuable upon exercise) will be subject to
applicable securities law hold periods.
About Omineca Mining and Metals Ltd.
Omineca Mining and Metals Ltd. controls a 100% interest in the Wingdam Project through its
wholly owned subsidiary CVG Mining Ltd. The 2700 ha Wingdam Project is located 45 km east
of Quesnel B.C. on the Barkerville highway an d provides a unique opport unity for Omineca to
develop near-term placer gold production in a proven mining district. The property overlies both
placer and hard-rock tenures along the Lightning Creek valley, where topographic conditions have
created a deep overburden accumulation which effectively resulted in a large portion of the channel
being excluded from conventional surface placer mining activity.
On behalf of the Board of Directors
Omineca Mining and Metals Ltd.
Tom MacNeill
President and Chief Executive Officer
Phone: 306-653-2692