Mr. Ramiro Massa reports
MINSUD GRANTS STOCK OPTIONS
Minsud Resources Corp. has granted an aggregate of 5.3 million incentive stock options under the company's stock option plan, out of which an aggregate of four million options were granted to certain directors and the chief executive officer of the company. The options are exercisable at a price of 69.6 cents per share, expire on May 11, 2028, and will be subject to the following vesting terms: one-quarter shall vest on May 11, 2023, one-quarter shall vest 4) on Nov. 11, 2023, one-quarter shall vest on May 11, 2024, and the balance shall vest on Nov. 11, 2024. As of the date hereof, a total of 16,389,069 common shares of the company are reserved for issuance under the company's stock option plan, and, after this new grant, 12,726,000 options will be outstanding.
About Minsud Resources Corp.
Minsud is a mineral exploration company focused on exploring its flagship Chita Valley copper-molybdenum-gold-silver-lead-zinc project, in the province of San Juan, Argentina. The company also holds a 100-per-cent-owned portfolio of selected early-stage prospects, including 6,000 hectares in Santa Cruz province, Argentina.
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