Mr. Edward Lee reports
NEVADA CLEAN MAGNESIUM ANNOUNCES STOCK OPTION GRANT
Nevada Clean Magnesium Inc. has granted two million incentive stock options pursuant to its stock option plan for its directors, officers, advisers and consultants. The options are exercisable at a price of five cents per share for a five-year term.
Any shares issued on the exercise of these stock options will be subject to a four-month holding period from the date of the grant. This stock option grant is subject to approval by the TSX Venture Exchange.
About Nevada Clean Magnesium
Nevada Clean Magnesium is focused on becoming a major U.S. producer and distributor of primary, high-grade, low-cost magnesium metal extracted from its 100-per-cent-owned Tami-Mosi property, located in north-central Nevada. Based on the company's NI 43-101 preliminary economic assessment report published in September, 2011, and amended in July, 2014, the Tami-Mosi project has an inferred resource of 412 million tonnes with an average grade of 12.3 per cent Mg for a contained metal content of 111 billion pounds of magnesium using a cut-off grade of 12 per cent contained within a high-purity dolomite block.
We seek Safe Harbor.
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