GREY:CQXFF - Post Discussion
Post by
HHAPPY on Mar 28, 2014 8:15pm
Correction to warrant extension reported
CADILLAC MINING CORPORATION CLARIFIES GRANTING OF STOCK OPTIONS
Cadillac Mining Corp. is clarify stock option information that was disclosed in its news release of March 25, 2014. The company has granted stock options to buy an aggregate of 2.65 million shares to certain of its directors, officers, key employees and consultants and has repriced existing stock options to buy 300,000 shares, all at an exercise price of five cents per share, in accordance with the provisions of the company's 10-per-cent rolling stock option plan. The company neglected to note that it cancelled existing stock options to buy 2,275,000 shares prior to the grant, so that the aggregate number outstanding options outstanding will be three million upon regulatory filing. The options were granted, effective March 24, 2014, for terms of up to five years.
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