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Imperial Mining (TSXV:IPG) announces grant of options

Mining
TSXV:IPG
26 January 2021 08:00 (EDT)

Imperial Mining Group Ltd. (IPG) has granted an aggregate of 4,700,000 incentive stock options to certain directors, officers and consultants of the corporation.

The options are exercisable at a price of $0.225 per share for periods between two and five years from the date of grant in accordance with their respective vesting provisions.

The options are subject to the approval of the TSX Venture Exchange.

Of the aggregate options granted by the corporation today, directors and officers were granted a total of 3,050,000 options.

Imperial is a Canadian mineral exploration and development company focused on the advancement of its copper-zinc, gold and technology metals properties in Québec.

The company holds immediate, high-impact, drill-ready gold, copper-zinc and scandium-niobium-tantalum deposit opportunities in some of Québec’s most important exploration regions.

Imperial Mining is down 2.22 per cent to C$0.22 per share at 12:31 pm EST.

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