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Moon River Moly Ltd. has granted stock options that entitle holders to acquire up to an aggregate of 40,000 common shares. The options include grants to a non-executive employee and a non-executive consultant for 15,000 and 25,000 common shares, respectively.
The stock options have an exercise price of $0.73 per share and are exercisable until April 23, 2036.
Moon River is a Canadian-based resource company focused on the acquisition, exploration and development of mineral projects. The company is focused on developing the Davidson Property, which hosts a large molybdenum-tungsten deposit near Smithers, British Columbia.
Moon River also holds a 25% interest in the Endako Mine Complex, one of the largest molybdenum mines in North America, located in British Columbia.
For further information, contact Paul Parisotto, President, Chief Executive Officer and Director, at (416) 800-1753 or info@moonrivermoly.com.
This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. Statements that are not historical facts may be considered forward-looking statements, often identified by terms such as “may,” “should,” “anticipate,” “will,” “estimates,” “believes,” “intends,” “expects” and similar expressions.
Forward-looking statements reflect the company’s current views and expectations as of the date of the news release and are based on assumptions made by the company at that time.
Source: Moon River Moly Ltd.
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