September 18, 2014 – Val-d’Or, Québec, Canada: Metanor Resources Inc. (“Metanor” or the “Corporation”, TSX-V: MTO) announces that it granted 5,850,000 incentive stock options to its directors & executive officers. Each option grants the holder the right to purchase one common share of the Corporation, at the price of $0.12, and expires five years from the date of issue.
Metanor has a shareholder approved rolling stock option plan under which a maximum amount of options, equal to 10% of the Corporation’s outstanding shares, are reserved for issuance. Pursuant to this grant, options issued represent approximately 6% of the outstanding common shares. .
Metanor is a Canadian based gold mining company with a focus on adding value per share through efficient production, exploration, and development of it properties.
Neither the TSX Venture Exchange, nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact:
Ronald Perry, Vice-President
2872, Sullivan Road, suite 2
Val-d’Or, Québec J9P 0B9
Size: 80.60 KB Format: PDF