Business
AbraSilver Resource Corp. Announces Stock Option Grant
Toronto - TheNewswire - October 25, 2021 - AbraSilver Resource Corp. (TSXV:ABRA) (OTC:ABBRF) ("AbraSilver" or the “Company”) is pleased to announce that pursuan
About this update from Abrasilver Resource Corp.
[{"type":"text","content":"Toronto - TheNewswire - October 25, 2021 - AbraSilver Resource Corp. (TSXV:ABRA) (OTC:ABBRF) (\"AbraSilver\" or the “Company”) is pleased to announce that pursuant to the Company’s Share Compensation Plan, 750,000 incentive stock options (the “Options”), exercisable at a price of $0.53 per share for a period of five years, have been granted to a director of the Company. The Options vest in 25% instalments every 6 months, starting from the date of the grant. About AbraSilver AbraSilver is a well-funded silver-gold focused advanced-stage exploration company. The Company is rapidly advancing its 100%-owned Diablillos silver-gold project in the mining-friendly Salta province of Argentina, which has a Measured and Indicated Mineral Resource base of over 160Moz on a silver-equivalent basis or 2.3Moz on a gold-equivalent basis. The Company is led by an experienced management team and has long-term supportive shareholders including Mr. Eric Sprott and SSR Mining. In addition, AbraSilver owns a portfolio of earlier-stage copper-gold projects, including the Arcas project in Chile where Rio Tinto has an option to earn up to a 75% interest by funding up to US$25 million in exploration. AbraSilver is listed on the TSX-V under the symbol “ABRA” and in the U.S. under the symbol “ABBRF”. The Diablillos resource estimate is N.I. 43-101 compliant. Full details of the Mineral Resources are available in a Company news release dated September 15, 2021. The full technical report, which is being prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI-43-101”) by Mining Plus, will be available on SEDAR (www.sedar.com) under the Company’s issuer profile within 45 days of the news release dated September 15, 2021. For further information please visit the AbraSilver Resource website at , and follow us on Twitter at Alternatively please contact: John Miniotis, President and CEO [email protected] Tel: +1 416-306-8334 Cautionary Statements This news release includes certain \"forward-looking statements\" under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the a...