Mink Ventures Grants Stock Options
November 22 2024 - 2:30PM
Mink Ventures Corporation (TSXV:MINK) (“
MINK” or
the "
Company") today announced that the Board of
Directors has approved the grant of an aggregate number of 500,000
incentive stock options to its officers and directors. The exercise
price of the stock options granted is $0.10 per common share.
Subject to the rules of the TSX Venture Exchange and the Company’s
Stock Option Plan, the options have a term of ten years and will
expire on November 22, 2034.
About Mink Ventures
Corporation:
Mink Ventures Corporation (TSXV:MINK) is a
Canadian mineral exploration company exploring for critical
minerals in Ontario, Canada. It has a highly prospective, nickel
copper cobalt exploration portfolio, with its Montcalm project,
which now covers ~100 km2 adjacent to Glencore’s former Montcalm
Mine with historical production of 3.93 million tonnes of ore
grading 1.25% Ni, 0.67% Cu and 0.051% Co (Ontario Geological
Survey, Atkinson, 2010), as well as its expanded Warren Project.
These complementary nickel copper cobalt projects have excellent
access and infrastructure and are in close proximity to the Timmins
Mining Camp. The Company has 22,456,488 common shares
outstanding.
For further information about Mink Ventures
Corporation please contact: Natasha Dixon, President & CEO, T:
250-882-5620 E: ndixon@minkventures.com or Kevin Filo, Director, T:
705-266-6818 or visit www.sedar.com.
Forward Looking Statements
This press release includes certain
"forward-looking information", including, but not limited to,
statements with respect to the prospectivity of the Company’s
projects. Forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements of MINK to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking statements. Factors
that could affect the outcome include, among others: future prices
and the supply of metals; the results of exploration work;
inability to raise the money necessary to incur the expenditures
required to retain and advance the Montcalm Project; environmental
liabilities (known and unknown); general business, economic,
competitive, political and social uncertainties; accidents, labour
disputes and other risks of the mining industry; political
instability, or delays in obtaining governmental and stock exchange
approvals. For a more detailed discussion of such risks and other
factors that could cause actual results to differ materially from
those expressed or implied by such forward-looking statements,
refer to MINK's filings with Canadian securities regulators
available on SEDAR. These forward-looking statements are made as of
the date hereof and MINK disclaims any intent or obligation to
update publicly any forward-looking statements, whether as a result
of new information, future events or results or otherwise, except
as required by applicable securities laws.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or ac curacy of this release.
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