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Barkerville Gold Mns Ltd BGMZF

Barkerville Gold Mines Ltd is a Canada based company operates in the business of Gold. It is engaged in the production and sale of gold, and the exploration, development, and acquisition of mineral properties in British Columbia. The mineral tenures cover approximately 2,000 square kilometres. The company primarily holds interests in Cariboo Gold Belt District, Island Mountain, Cow Mountain and Barkerville Mountain.


OTCQX:BGMZF - Post by User

Post by Razzputinon Jun 30, 2017 10:23pm
199 Views
Post# 26426562

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Barkerville Announces Stock Option and RSU Grants

June 30th, 2017

TORONTO, ON - June 30, 2017 -Barkerville Gold Mines Ltd. (TSXV: BGM) (the “Company”) announces that it has granted an aggregate of 1,650,000 options to purchase common shares of the Company exercisable at a price of $0.8825 per share for a period of five years, to the newly appointed directors of the board and an employee of the Company. The common shares issuable upon exercise of the options are subject to a four month hold period from the original date of grant.

Additionally, the Company has granted 100,000 restricted share units (“RSUs”) to an officer and director of the Company under the terms of the Company’s restricted share unit plan (the “RSU Plan”). Each RSU entitles the holder to acquire one common share of the Company by delivering an exercise notice in accordance with the RSU Plan. The RSU grant follows the guidelines of the RSU Plan and are subject to approval by the TSX Venture Exchange.

 

 

 
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