Mr. Zach Flood reports
KENORLAND MINERALS GRANTS STOCK OPTIONS
Kenorland Minerals Ltd. has granted stock options to its directors, officers, employees and consultants to acquire a total of 4.08 million common shares of the company at an exercise price of $3.31 per share for a period of five years. The options vest one-third immediately, followed by one-third every year thereafter.
About Kenorland Minerals Ltd.
Kenorland Minerals is a well-financed mineral exploration company focused on project generation and early-stage exploration in North America. Kenorland's exploration strategy is to advance greenfields projects through systematic, property-wide, phased exploration surveys financed primarily through exploration partnerships, including option-to-joint-venture agreements. Kenorland holds a 4-per-cent net smelter return royalty on the Frotet project in Quebec, which is owned by Sumitomo Metal Mining Canada Ltd. The Frotet project hosts the Regnault gold system, a greenfields discovery made by Kenorland and Sumitomo Metal Mining Canada Ltd. in 2020, which contains an inferred mineral resource of 14.5 million tonnes at 5.47 grams per tonne gold for 2.55 million ounces of gold. Kenorland is based in Vancouver, B.C., Canada.
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