Omineca Mining and Metals Ltd. Grants Incentive Stock Options
Omineca Mining and Metals Ltd. Grants
Incentive Stock Options
SASKATOON, SK, May 31, 2021 /CNW/ - Omineca Mining and
Metals Ltd. (TSXV: OMM) ("Omineca" or the "Company") has
approved the grant of 400,000 stock options pursuant to the
Company's Stock Option Plan. All the options were granted to
consultants retained by the Company. The options are exercisable at
$0.25 per share and, if not exercised, expire May 31, 2026, subject to
earlier expiration in accordance with the Stock Option Plan and the
applicable policies of the TSX Venture Exchange.
About Omineca Mining and Metals Ltd.
Omineca Mining and Metals Ltd.'s flagship Wingdam gold exploration
and placer recovery project is located along the Barkerville Highway
45 km east of the town of Quesnel. The property includes hard-rock
tenures totaling over 50,000 hectares (500 square kms) and in excess
of 15 linear kilometers of placer claims, both encompassing the
Lightning Creek valley where topographic conditions created a thick
overburden which preserved a large portion of an underground
channel with placer gold-bearing gravels. Omineca also has a
diamond drill program currently underway exploring for the potential
multiple hard rock sources of the placer gold at Wingdam.
Neither 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.
SOURCE Omineca Mining and Metals Ltd
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For further information: Tom MacNeill, President and Chief
Executive Officer, 306-653-2692; Dean Nawata, Vice President,
Business Development, 604- 561-2821, [email protected]
CO: Omineca Mining and Metals Ltd
CNW 18:06e 31-MAY-21