San Marco Grants Incentive Stock Options

2017-06-05 / @marketwired

 

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 5, 2017) - San Marco Resources Inc. (TSX VENTURE:SMN) announces that, following its annual general meeting on Thursday, May 31st, it has granted options to directors, officers and consultants to purchase a total of 1,700,000 shares at a price of $0.19 per share for five years. The options vest, as to 25% each, on granting and on the next three, six and nine months.

About San Marco

San Marco Resources Inc. is a Canadian mineral exploration company with a portfolio of promising projects in mining-friendly Mexico, including the Chunibas, Mariana and 1068 Projects in Sonora State.

San Marco actively pursues strategic project generation program focused on high-caliber, low acquisition cost opportunities in the North-western Mexico. The Company has a committed management team with extensive experience in Mexico and a proven track record of building shareholder value. San Marco currently has 56,051,832 issued and outstanding shares.

On behalf of the Board of Directors,

Robert Willis, P. Eng., President & CEO

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

San Marco Resources Inc.
Nancy Curry
info@sanmarcocorp.com

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok