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Cullinan Metals Corp V.CMT


Primary Symbol: C.CMT Alternate Symbol(s):  CMTNF

Cullinan Metals Corp. is a Canadian mining and exploration company focused on the development of energy metals. The Company is focused on energy resources, such as copper, graphite and lithium assets. Its projects include Smiley Lithium Project, Lac-Des-Iles West Graphite Project and Wakeman Lake Lithium Project. The Smiley Lithium Property consists of around five mining claims comprising approximately 1,902 hectares located 55 kilometers (km) north of Thunder Bay, Ontario. The Smiley Lake Lithium property is located in northwestern Ontario where numerous lithium deposits have been delineated to host significant reserves of lithium oxide (Li2O). The Lac-Des-Iles West Graphite Project consists of around 43 mineral claims in one contiguous block covering approximately 2276 hectares land, near the town of Mont-Laurier in southern Quebec. The highly prospective Wakeman Lake Lithium Project covers approximately 7,900 acres and is located in Northwestern Ontario.


CSE:CMT - Post by User

Bullboard Posts
Comment by Interpolation1on Sep 22, 2016 7:43pm
29 Views
Post# 25268304

RE:RE:Here's your news

RE:RE:Here's your newsInteresting how little you know about these things.  So show me where any of COMA share prices fell to the PP price etc.  PUF may be different and your short term dire prediction may hold true but your subtle bashing we can do without.  What most will get from this, $0.18 strike price as executive incenetive signals that will be damn cheap before long ... just got to get there.  1.4 million shares is also not materially dilutive and held by insiders once exercised.  Now, if the strike price was south of $0.10 I would likely have replied with "agreed".  GLTA

Here is the full text.

PUF Ventures Announces Stock Option Grant

 

(via Thenewswire.ca)

Vancouver, British Columbia / TheNewswire / September 22, 2016 - PUF Ventures Inc. ("PUF" or the "Company") (CSE: PUF) (Frankfurt: HR2P) (OTCPK: PUFXF) announces that it has granted incentive stock options to purchase a total of 1,400,000 common shares at an exercise price of $0.18 per share for a period of two years to its directors, officers and consultants in accordance with the provisions of its stock option plan.

About PUF Ventures Inc.

PUF Ventures Inc. is moving into the Medical Marijuana sector by purchasing a 100% interest in AAA Heidelberg, a private Ontario company that is in the process of applying for a MMPR license. Although the Company cannot guarantee nor estimate the timing for the issuance of a license to AAA Heidelberg, it is PUF's goal to become the next publicly traded Canadian company to be granted a new medical marijuana production license.

VapeTronix, a wholly owned subsidiary of the Company, is in the process of expanding its 1313 brand of electronic cigarettes and associated technologies.

ON BEHALF OF THE BOARD OF DIRECTORS

Derek Ivany

President & CEO


GreenGoodness wrote:
Buyhigh420 wrote:
https://www.stockhouse.com/news/press-releases/2016/09/22/puf-ventures-announces-stock-option-grant


Well looks like this thing is headed back down to 18c at least. Good looking out. Clearly thats all the company feels like the stock is worth at this very moment. Hence why the did not issue the options at a higher price. Otherwise they would have bought shares on the open market. 

Typical PUF managment always finding ways to screw the pooch aka shareholder. 


Bullboard Posts