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Cornerstone Capital Resources Inc CTNXF

Cornerstone Capital Resources Inc is a mineral mining company. Through its subsidiaries, it is engaged in the evaluation, acquisition, and exploration of gold, silver and copper projects in Ecuador and Chile. The group is organized into business units based on mineral properties and has one business segment.


OTCPK:CTNXF - Post by User

Post by BSdetector2016on Aug 07, 2019 6:04am
84 Views
Post# 30000483

Really bad optics....oink oink

Really bad optics....oink oinkOTTAWA, Aug. 06, 2019 (GLOBE NEWSWIRE) -- Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV-CGP) (F-GWN) (B-GWN) (OTC-CTNXF) reports that the Board of Directors of the Company has approved the granting of stock options totaling 500,000 options to directors, officers, consultants and employees of the Company effective August 6, 2019. These options have been priced at $4.00 and have an expiry date of August 5, 2024. As per the Company's Stock Option Plan, these options vest in three equal tranches over an eighteen-month period from the date of issue. Following this stock option grant (and the expiry of 122,500 options on August 19, 2019) the Company will have a total of 2,480,299 stock options outstanding, which represents approximately 7.7% of the Company's 32,007,070 issued and outstanding common shares.
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