04:16:50 EDT Sat 20 Apr 2024
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Lions Gate Metals Inc (3)
Symbol LGM
Shares Issued 1,759,226
Close 2016-12-08 C$ 0.165
Market Cap C$ 290,272
Recent Sedar Documents

Lions Gate Metals director Born resigns

2016-12-08 19:28 ET - News Release

Mr. Ian Harris reports

LIONS GATE METALS INC. ANNOUNCES NEW DIRECTOR AND GRANT OF INCENTIVE STOCK OPTIONS

Peter Born has resigned as director of Lions Gate Metals Inc. to dedicate more time to other endeavours. The company wishes to thank Mr. Born for his contributions to the company. The company also announces that Cale Moodie has been appointed as a new director of the company. Mr. Moodie joins the board as audit committee chair and independent director. Mr. Moodie is a chartered professional accountant and chartered accountant whose career in public resource markets spans well over a decade in roles such as founder, chief financial officer, director and audit committee chair for numerous publicly traded mineral exploration companies.

The company is pleased to announce a total of 2,375,000 stock options have been granted to the directors of the company and certain consultants pursuant to the company's stock option plan. The options are exercisable for a period of five years at a price of 16.5 cents per share and will vest as to 25 per cent every three months after the grant date.

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