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Lupaka Gold Corp T.LPK


Primary Symbol: V.LPK Alternate Symbol(s):  LPKGF

Lupaka Gold Corp. is a Canada-based mineral development and exploration company. The Company's principal activities consist of evaluating, acquiring, exploring and developing mining properties to production. Its properties include Idol City and Pine Creek. The Idol City property contains epigenetic gold mineralization associated with two zones of north-east trending, hydrothermal brecciation and alteration within Tertiary intermediate lavas that were intruded by rhyolite dikes, plugs and quartz porphyry granitic bodies. The Pine Creek property lies at the intersection of two NNW and WNW trending, regional, structural lineaments and is underlain by a Miocene sequence of intermediate volcanics, ash flow tuffs, tuffaceous sediments, siltstones and local (sulfide-bearing) jasper bodies. The properties are held in the name of the Company’s wholly owned United States subsidiary, Lupaka USA Limited.


TSXV:LPK - Post by User

Bullboard Posts
Post by JJJRRRon Nov 30, 2016 9:56am
161 Views
Post# 25533143

Incentive Stock Options

Incentive Stock OptionsThe granting of Incentive Stock Options means we're getting close to a production (pocket lining). -Grant of Incentive Stock Options- Effective November 28, 2016, the Company has granted, pursuant to its 2010 Incentive Stock Option Plan, incentive stock options to directors, officers, employees and consultants of the Company for the purchase of up to 2,435,000 shares for an aggregate of 8,695,000 or 8% in the capital stock of the Company. The options vest over 18 months from date of grant and are exercisable on or before November 28, 2021, at a price of $0.16 per share. "We at Lupaka look forward to moving on to the active production stage at Invicta and to the creation of internal cash flow".
Bullboard Posts