Mr. Kiran Patankar reports
TIMBERLINE ISSUES OPTIONS AND STOCK UNITS
Timberline Resources Corp.'s board of directors has granted 43,837 stock options and 675,000 stock units to certain employees pursuant to the company's 2015 stock and incentive plan that was approved by Timberline's shareholders at the company's annual meeting on Sept. 24, 2015. The term of the options is five years, and the exercise price of the options is the closing price of the company's common stock as quoted on the NYSE MKT on the date of grant.
We seek Safe Harbor.
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