Mr. Charles MaLette reports
NINE MILE METALS ANNOUNCES STOCK OPTION GRANT
Nine Mile Metals Ltd. has granted 1.7 million stock options to various directors, officers and consultants of the company. The options will vest immediately and may be exercised at an exercise price of 12 cents per common share for a period of five years from the date of issuance or earlier in accordance with the company's incentive stock option plan.
Following the grant of stock options, the company now has a total of 6.05 million stock options, representing 9.6 per cent of the outstanding common shares of the company.
About Nine Mile Metals Ltd.
Nine Mile Metals is a Canadian public mineral exploration company focused on critical minerals exploration (CME), VMS (volcanogenic massive sulphide) (copper, lead, zinc, silver and gold) exploration in the world-famous Bathurst mining camp in New Brunswick, Canada. The company's primary business objective is to explore its four VMS projects: Nine Mile Brook VMS, California Lake VMS, Canoe Landing Lake (East-West) VMS and the new Wedge VMS project. The company is focused on critical minerals exploration, positioning for the boom in EV (electric vehicle) and green technologies requiring copper, silver, lead and zinc with a hedge with gold.
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