THEMAC ANNOUNCES SHARE OPTION GRANTPosted: 09/12/2017 | Posted By: News Resource/Publisher
BRITISH COLUMBIA—(September 12, 2017) - THEMAC Resources Group Limited (TSX VENTURE:MAC) (”THEMAC” or the “Company”) announces the grant of share options (the “Options”) under its Share Option Plan to purchase an aggregate of 4,448,000 common shares of the Company at an exercise price of $0.05 per share for a five year term expiring September 12, 2022. The Options were granted to directors, officers, employees and consultants of the Company and are subject to any necessary regulatory approvals. The Options vest as of the date of grant.
About THEMAC Resources Group Limited
THEMAC is a copper development company with a strong management team and as of May 18, 2011, a 100% ownership interest in the Copper Flat copper-molybdenum-gold-silver project in New Mexico, USA. We are continuing to advance the closed copper mine, Copper Flat, in Sierra County, New Mexico, toward production with innovation and a sustainable approach to mining development and production, local economic opportunities, and the best reclamation practices for our unique environment. The Company is listed on the TSX Venture Exchange (ticker: MAC) and has issued share capital of 79,400,122 common shares (fully diluted share capital 88,977,316).
For further information contact:
THEMAC Resources Group Limited
Chief Executive Officer
Phone: +1 505.382.5770
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