Business
Niocan Announces Grants of Stock Options
(TheNewswire) Montreal, Québec – TheNewswire - October 26...
About this update from Nio Strategic Metals Inc
[{"type":"text","content":"Niocan Announces Grants of Stock Options\n \n \n (TheNewswire)\n \n \n \n \n \n \n Montreal, Québec –\n \n \n TheNewswire -\n \n \n October\n \n \n 26\n \n \n ,\n2021\n \n \n – Niocan Inc. (TSXV:NIO) (“\n \n \n Niocan\n \n \n ” or the\n“\n \n \n Company\n \n \n ”) is pleased to announce the grant of incentive stock\noptions under its stock option plan, to officers, directors and\nconsultant of the Company, to purchase up to an aggregate of 3,550,000\ncommon shares, representing 7.2% of the outstanding shares of the\nCompany. The stock options are exercisable at a price of CA$0.15 per\nshare expiring October 25, 2026. The options, granted in accordance\nwith the provisions of the Company's stock option plan, are subject to\nthe TSX Venture Exchange policies and the applicable securities laws.\nOf the Options granted, 70.4% were to directors, 28.2% to Officers and\n1.4% to a Consultant of the Company.\n \n \n \n \n About Niocan\n \n \n \n \n Niocan is an exploration and development company, with\na focus on becoming a ferroniobium producer.\n \n \n \n \n The Company holds a niobium\nproperty in Oka, Québec and other exploration properties in the\nProvince of Québec. Niocan’s Oka mining property consists of mining\nrights comprised of 49 claims covering 2,281 acres and its Great\nWhale property consists of surface and mining rights covering 24,944\nacres on the Hudson Bay territory.\n \n \n \n \n For more information on the Company, please refer to\nthe Company’s public documents available on SEDAR (\n \n \n \n \n www.sedar.com\n \n \n \n \n ).\n \n \n \n \n For more information, please contact:\n \n \n \n \n Hubert Marleau\n \n \n \n \n Chairman, President and Chief Executive Officer\n \n \n \n \n \n \n [email protected]\n \n \n \n \n \n \n 514-560-7623\n \n \n \n \n Neither the TSX Venture Exchange nor its Regulation\nServices Provider (as that term is defined in the policies of the TSX\nVenture Exchange) accepts responsibility for the adequacy or accuracy\nof this press release.\n \n \n \n \n Cautionary Statement on\nForward-Looking Information\n \n \n \n \n This news release contains\nforward-looking statements and forward-looking information (together,\n“forward looking statements”) within the meaning of applicable\nCan...