Camrova Resources Inc V.CAV.H

stock option NEWS

[Boxcar1964]

VANCOUVER, BC--(Marketwired - August 28, 2014) - Baja Mining Corp. ("Baja" or the "Company") (TSX VENTURE: BAJ) (OTCQB: BAJFF) announces that the Company has today granted an aggregate of 2,725,000 incentive stock options to the Company's directors, officers and employees (the "Options"), each exercisable for one common share of the Company at an exercise price of $0.05 per Option. The Options have a term of five years and vest immediately. The Options were conditionally approved by the Board of Directors in March 2013, to compensate directors, officers and employees at that time for past and future performance and commitment to the Company during its restructuring. Due to an extended blackout period imposed by the Company dating back to Q2 2012, it was not possible for these options to be granted at that time. The Board of Directors has now approved the granting of the Options in accordance with the Company's Incentive Stock Option Plan last approved by shareholders on June 25, 2013. Any shares issued on the exercise of the Options to directors and officers of the Company are subject to a hold period concluding on December 29, 2014. The grant of the Options is subject to the final approval of the TSX Venture Exchange. For further information, please contact Baja's Interim CEO Tom Ogryzlo at 604‐685‐2323 or via email at [e-mail] Read more at https://www.stockhouse.com/news/press-releases/2014/08/28/baja-mining-grants-stock-options#MlRR5p0cIpV2Rto7.99