Mr. Brad Peters reports
PACIFIC EMPIRE ANNOUNCES STOCK OPTION AND RESTRICTED SHARE UNIT GRANTS
Pacific Empire Minerals Corp. has made an equity grant in accordance with the company's omnibus equity incentive compensation plan. The company has granted an aggregate of 6.8 million restricted share units and an aggregate of 17.7 million stock options to certain directors, officers and consultants of the company. Of these grants, an aggregate of 16.7 million options and 6.3 million RSUs were granted to directors and officers of the company. The RSUs will vest 100 per cent 12 months from the date of grant. The options vest on the date of grant. Each vested RSU will entitle the holder to receive one common share of the company at the deemed price of five cents, and each vested option will entitle the holder to acquire one common share of the company at an exercise price of five cents for a period of five years.
About Pacific Empire Minerals Corp.
Pacific Empire is a copper exploration company based in Vancouver, B.C., and trades on the TSX Venture Exchange under the symbol PEMC. The company has a district-scale land position in north-central British Columbia.
British Columbia is a green copper jurisdiction with abundant hydroelectric power, access and infrastructure in close proximity to the end market.
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