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Silicon Metals Corp. has granted an aggregate of 603,100 stock options to certain directors of the company, entitling them to purchase up to 603,100 common shares under the company’s Stock Option Plan.
The options are exercisable for a period of five years at an exercise price of $0.175 per share. The options vest immediately. The options and underlying shares are subject to a four-month hold period in accordance with the policies of the CSE.
Silicon Metals Corp. is focused on the exploration and development of critical minerals, with a focus on high purity silica.
This news release contains forward-looking information and forward-looking statements within the meaning of applicable Canadian securities laws. Statements other than statements of historical fact are forward-looking statements and are based on assumptions, estimates, and opinions of management as of the date made. Such statements are subject to risks and uncertainties that could cause actual results or future events to differ materially from those expressed or implied.
Readers are cautioned not to place undue reliance on forward-looking statements. Except as required by applicable securities laws, the company undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this news release.
Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
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