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Transatlantic Mining's stock option plan OK'd by TSX-V

2015-10-09 11:32 ET - News Release

Mr. Rob Tindall reports

TRANSATLANTIC MINING ANNOUNCES APPROVAL OF STOCK OPTION PLAN

Transatlantic Mining Corp. received the approval of the TSX Venture Exchange to its stock option plan, which received disinterested shareholder approval at the annual general meeting held May 29, 2015.

The plan is a fixed plan that reserves a maximum of 20,692,850 common shares for the issuance of stock options. Shares reserved under plan options that expire, terminate or otherwise cease to be exercisable will become available for the issuance of future options under the plan. Options under the plan may be granted at the discounted market price, as defined in the policy of the exchange, at the time of the grant. The plan contains the limitations required by exchange policy on the number of shares that may be optioned to consultants and persons providing investor relations services, and other restrictions and conditions required by exchange policy.

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