Mr. Terry Christopher reports
ZONTE GRANTS STOCK OPTIONS
Zonte Metals Inc. has
granted 2.71 million stock options to officers, directors and consultants under the terms of the company's stock option plan. The options granted have a term of five years, are exercisable at a price of 10 cents per share and will vest over 18 months with 33-1/3rd per cent vesting after each six-month period.
About Zonte Metals Inc.
Zonte Metals is a junior exploration company focused on the discovery and development of high-potential mineral projects. The company's strategy is to advance projects with the scale and potential to attract major partners and deliver significant shareholder value. The company owns 100 per cent of the MJ project, in the Tintina gold belt, located in the Yukon territory, the Wings Point project in the new central Newfoundland gold belt, and the Cross Hills copper project located in Newfoundland and Labrador. In Colombia, the company and partner have an application over open areas sitting on top of the open-pit outline of the Gramalote deposit in Colombia, which is held by B2Gold. The title issuance is being contested by the state governing the application, and the company has started legal action to protect its rights.
We seek Safe Harbor.
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