TORONTO, Sept. 8, 2015 /CNW/ - GPM Metals Inc. (TSX-V: GPM) (the "Company") announces that it has granted effective September 7, 2015 a total of 500,000 options to an employee of the Company with such options being exercisable until September 7, 2020 at an exercise price of $0.115. The options vest as 25% immediately and 25% after 6, 12 and 18 months from date of grant.
GPM Metals Inc. focuses on acquiring and exploring district scale exploration properties. Currently the two main projects are the company's Walker Gossan Project, NT, Australia; and the Weebigee Gold Project in Sandy Lake, Ontario.
The company treasury is well funded going forward; and has a strong shareholder base. Management and insiders hold approximately 30% of outstanding shares
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
SOURCE GPM Metals Inc.
For further information: Guyana Precious Metals Inc., Suite 1205, 141 Adelaide Street West, Toronto, Ontario M5H 3L5, Attn: John Patrick Sheridan, Tel: (416) 628-5904, Fax: (416) 628-5935, E-mail: [email protected], www.gpmmetals.ca