01:03:15 EDT Thu 23 Sep 2021
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Omineca Mining and Metals Ltd
Symbol OMM
Shares Issued 129,391,901
Close 2021-07-27 C$ 0.245
Recent Sedar Documents

Omineca Mining grants options to buy 2.1 million shares

2021-07-27 11:37 ET - News Release

Mr. Tom MacNeill reports


Omineca Mining and Metals Ltd. has granted 2.1 million stock options, pursuant to the company's stock option plan. One million options were granted to management, officers and directors, with the balance being granted to consultants. The options are exercisable at 25 cents per share and, if not exercised, expire on July 26, 2026, subject to earlier expiration in accordance with the stock option plan and the applicable policies of the TSX Venture Exchange.

About Omineca Mining and Metals Ltd.

Omineca's flagship Wingdam gold exploration and placer recovery project is located along the Barkerville Highway, 45 kilometres east of the town of Quesnel. The property includes hardrock tenures totalling greater than 50,000 hectares (500 square kilometres) and in excess of 15 linear kilometres of placer claims, both encompassing the Lightning Creek valley, where topographic conditions created a thick overburden that preserved a large portion of an underground channel with placer gold-bearing gravels. Omineca also has a diamond drill program currently under way, exploring for the potential multiple hardrock sources of the placer gold at Wingdam.

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