Business
Group Eleven Announces Grant of Stock Options and Deferred Share Units
Group Eleven Announces Grant of Stock Options and Deferred Share Units Canada N...
About this update from Group Eleven Resources Corp.
[{"type":"text","content":"GroupEleven-StockOpt\n \n \n \n Group Eleven Announces Grant of Stock Options and Deferred Share Units\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n VANCOUVER, BC, Oct. 2, 2020\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Oct. 2, 2020\n \n /CNW/ - Group Eleven Resources Corp. (TSX.V: ZNG) (OTC: GRLVF) (FRA: 3GE) (\"\n \n Group Eleven\n \n \" or the \"\n \n Company\n \n \") announces that it has granted incentive stock options, on\n \n October 2, 2020\n \n , to directors, officers and employees of the Company to purchase up to 1,535,000 common shares in the capital stock of the Company. These options vest over a period of two years from the date of grant, at an exercise price of\n \n $0.09\n \n per share. All options granted are subject to regulatory approval.\n \n \n \n \n \n \n \n \n \n The Company has also granted 666,666 deferred share units to three independent directors as an annual award for services provided, in accordance with the provisions of the Company's deferred share unit plan.\n \n \n \n About Group Eleven Resources\n \n \n \n Group Eleven Resources Corp. (TSX.V: ZNG; OTC: GRLVF and FRA: 3GE) is a mineral exploration company focused on advanced stage zinc exploration in\n \n Ireland\n \n . The Company's key project in\n \n Ireland\n \n is a 76.56% interest in the Stonepark project (joint ventured with Arkle Resources plc) and a 100% interest in the adjacent PG West Project, located near\n \n Limerick\n \n , next to one of the world's largest undeveloped zinc deposits: Pallas Green deposit.\n \n \n Additional information about the Company is available at\n \n www.groupelevenresources.com\n \n .\n \n \n ON BEHALF OF THE BOARD OF DIRECTORS\n \n \n Bart Jaworski\n \n , P.Geo.\n \n Chief Executive Officer\n \n \n Neither the TSXV nor its Regulatory Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.\n \n \n \n Cautionary Note Regarding Forward-Looking Information\n \n \n \n This press release contains forward-looking statem...