VANCOUVER, July 13, 2018 /CNW/ - Barsele Minerals Corp. – (BME: TSX-V) ("Barsele") announces that it has granted an aggregate of 3,200,000 incentive stock options to directors, officers and consultants to purchase up to 3,200,000 common shares in the capital of Barsele. The incentive stock options have an exercise price of $0.63 per share, expire five years from the date of grant and vest immediately. As a result of this option grant, Barsele has stock options outstanding that are exercisable into up to 11,585,000 common shares, representing 9.56% of the current issued and outstanding share capital.
About Barsele Minerals Corp.
Barsele is a Canadian-based junior exploration company comprised of highly qualified mining professionals. Barsele's main property is the Barsele Gold Project in Västerbottens Län, Sweden, a joint venture with Agnico Eagle Mines Limited.
ON BEHALF OF THE BOARD OF DIRECTORS
This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements and Barsele undertakes no obligation to update such statements, except as required by law.
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.
SOURCE Barsele Minerals Corp.
For further information: please contact Barsele Minerals Corp. at (604) 687-8566 x228, email [email protected]eleminerals.com or visit our website at www.barseleminerals.com