Mr. Felipe Tan reports
GOBIMIN INC. - NEW GRANT OF STOCK OPTIONS
Gobimin Inc. has granted incentive stock options under the company's stock option plan to its five directors, and employees of the company, its subsidiaries and associates subject to regulatory approval and the provisions of the company's stock options plan. Five directors of Gobimin, namely Messrs. Felipe Tan, Zhang Ming, Dominic Cheng, Hubert Marleau and Qiao Fugui, are granted stock options to purchase up to 800,000, 750,000, 150,000, 150,000, 150,000 common shares of Gobimin at 50 cents per share, respectively. All vested options shall expire on Dec. 18, 2017. In addition, options to acquire 375,000 common shares of the company are also granted to the staff and management of the company, its subsidiaries and associates at an exercise price of 50 cents per share. All vested options shall expire on Dec. 18, 2019. The options were granted pursuant to the company's shareholder-approved stock option plan and are subject to the policies of the TSX Venture Exchange and any applicable regulatory hold periods.
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