Axmin grants options to buy 3.75 million shares

2019-07-04 05:40 MT - News Release

Ms. Lucy Yan reports

AXMIN GRANTS STOCK OPTIONS

Axmin Inc. has granted stock options to directors, officers and advisers of the company for an aggregate of 3.75 million stock options of the company exercisable at 60 cents, effective July 2, 2019. The options shall expire and terminate on July 2, 2024.

These stock options have been granted in accordance with the company's stock option plan 2005. Immediately following this award of stock options, the company has issued and outstanding stock options for 11.65 million common shares of the company and there were 1,773,738 stock options of the company available for future grant.

About Axmin Inc.

Axmin is a Canadian exploration and development company with a strong focus on Central Africa and West Africa. Axmin is positioned to grow in value as it progresses its Passendro gold project toward development and builds on its project pipeline focusing on transitioning from an explorer to producer.

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