District Announces Option Grant
12 August 2019 - 10:09PM
District Metals Corp. (TSX-V: DMX; “District” or the
“Company”) is pleased to announce that it has granted a
total of 1,065,000 incentive stock options to its directors,
officers and consultants, which are exercisable for a period of
five years from the date of grant at an exercise price of $0.20 per
common share in the capital of the Company (the “Options”). The
Options vest in three equal tranches over an eighteen-month period
from the date of issue.
The stock options are being granted pursuant to the terms of the
Company's stock option plan and are subject to regulatory
approval.
On Behalf of the Board of Directors
“Garrett Ainsworth”
President and Chief Executive Officer
604-628-5616
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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