MacDonald Mines Announces Grant of Stock Options
26 November 2021 - 12:30PM
MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines” or
the “Company”) announces the grant, under the Company’s stock
option plan, of 7,500,000 stock options to certain directors,
officers, employees and consultants of the Company. The options
entitle the holders to purchase the same number of common shares of
the Company at a price of $0.05 per share for a period of five
years.
About MacDonald Mines Exploration
Ltd.
MacDonald Mines Exploration Ltd. is a mineral
exploration company headquartered in Toronto, Ontario that trades
on the TSX Venture Exchange under the symbol "BMK".
The Company is focused on developing its
100%-owned SPJ Project in Northern Ontario. Following up on its
successful 2019-2021 exploration and drilling campaigns, MacDonald
Mines is focused on what it theorizes to be a large gold system at
work on the 19,380 ha property with high-grade gold surrounding the
past-producing Scadding Gold Mine and surrounding gold/polymetallic
mineralization over several kilometres.
To learn more about MacDonald Mines, please
visit www.macdonaldmines.com
For more information, please contact:
Stuart Adair, President & Interim CEO, (647) 899-5031,
sadair@macdonaldmines.com
Neither 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.
This News Release contains forward-looking
statements. In some cases, you can identify forward-looking
statements by terminology such as “may”, “should”, “expects”,
“plans”, “anticipates”, “believes”, “estimates”, “predicts”,
“potential” or “continue” or the negative of these terms or other
comparable terminology. These statements are only predictions and
involve known and unknown risks, uncertainties and other factors
that may cause our or our industry’s actual results, levels of
activity, performance or achievements to be materially different
from any future results, levels of activity, performance or
achievements expressed or implied by these forward-looking
statements.
Although the Company believes that the
assumptions and factors used in preparing the forward-looking
information in this news release are reasonable, undue reliance
should not be placed on such information, which only applies as of
the date of this news release. The Company disclaims any intention
or obligation to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise,
other than as required by law.
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