TSX-V: MKO; OTCQX: MAKOF
VANCOUVER, BC, Feb. 4, 2021 /CNW/ - Mako Mining
Corp. (TSXV: MKO) (OTCQX: MAKOF) ("Mako" or the
"Company") is pleased to announce the grant today of 1,000,000
incentive stock options to its newly appointed Chief Financial
Officer (see Company's press release dated February 1, 2021) in accordance with the terms of
the Company's Stock Option Plan. The stock options are
exercisable at a price of C$0.345 per
share for a term of five years, expiring on February 4, 2026, and shall vest as to 25% on the
grant date today, and as to 25% on each of the first, second and
third anniversary of the grant date.
On behalf of the Board,
Akiba
Leisman
Chief Executive Officer
About Mako
Mako Mining Corp. is a publicly listed gold mining, development
and exploration firm. The Company is developing its high-grade San
Albino gold project in Nueva
Segovia, Nicaragua. Mako's
primary objective is to bring San Albino into production quickly
and efficiently, while continuing exploration of prospective
targets in Nicaragua.
Forward-Looking Information:
Forward-Looking Information: Some of the statements
contained herein may be considered "forward-looking information"
within the meaning of applicable securities laws. The
forward-looking information contained herein is based on the
Company's plans and certain expectations and assumptions, including
the proposed vesting of the stock options granted; and that Mako
will bring San Albino into production quickly and efficiently while
continuing exploration of prospective targets in Nicaragua. Such forward-looking
information is subject to a variety of risks and uncertainties
which could cause actual events or results to differ materially
from those reflected in the forward-looking information, including,
without limitation, the termination of the stock options prior to
full vesting; changes in plans and parameters related to San Albino
and the Company's exploration prospectus in Nicaragua; and other risks and uncertainties
as disclosed in the Company's public disclosure filings on SEDAR at
www.sedar.com. Such information contained herein represents
management's best judgment as of the date hereof, based on
information currently available and is included for the purposes of
providing investors with information regarding the grant of stock
options by the Company and may not be appropriate for other
purposes. Mako does not undertake to update any forward-looking
information, except in accordance with 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
accuracy of this release.
SOURCE Mako Mining Corp.