Business
Batero Grants Stock Options
VANCOUVER, BC--(Marketwired - March 16, 2016) - Batero Gold Corp. ("Batero" or the "Company") (TSX VENTURE: BAT) is pleased to announce the grant of 6,500,000 s
About this update from Batero Gold Corp.
[{"type":"text","content":"VANCOUVER, BC--(Marketwired - March 16, 2016) - Batero Gold Corp. (\"Batero\" or the \"Company\") (TSX VENTURE: BAT) is pleased to announce the grant of 6,500,000 stock options (\"Options\") to purchase common shares (\"Shares\") to directors and officers of the Company. All of the Options granted will vest immediately and have an exercise price of $0.20 per Share for a term of five years. About Batero Batero is a precious and base metals exploration and development company focused on moving the La Cumbre oxide deposit toward a production decision. Once the appropriate level of study has been completed, Batero intends to target the near surface higher grade oxidized gold mineralization at the deposit. Batero is also pursuing opportunities to acquire prospective high-grade, production focused mineral properties in Colombia and Latin America. In pursuing these objectives, Batero plans to leverage its secure treasury position, strong regional relationships, experienced management team, and long-term financial partners. Common shares of the Company trade on the TSXV under the symbol \"BAT\". ON BEHALF OF THE BOARD OF BATERO GOLD CORP., Felipe Ferraro President, CEO & DirectorBatero Gold Corp. 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. Forward-Looking Information This news release contains \"forward-looking information\" and \"forward-looking statements\" within the meaning of applicable Canadian securities laws. Forward-looking information and statements include, but are not limited to, statements with respect to Batero's planned exploration and development activities at the La Cumbre oxide deposit, the future interpretation of studies pertaining to gold mineralization at the La Cumbre oxide deposit, and the Company's intentions to acquire mineral properties in Colombia and Latin America. Generally, but not always, forward-looking information and statements can be identified by the use of words such as \"plans\", \"expects\", \"is expected\", \"budget\", \"schedules\", \"estimates\", \"forecasts\", \"intends\", \"anticipates\", or \"believes\" or the negative connotation thereof or variations of such words and phrases or statements that certain actions, events, or...