Business
Orvana Announces Option Grants to Directors and Executives
Orvana Announces Option Grants to Directors and Executives Canada NewsWire TORON...
About this update from Orvana Minerals Corp.
[{"type":"text","content":"\n\n\n\nOrvana Announces Option Grants to Directors and Executives\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\nCanada NewsWire\nTORONTO, Dec. 21, 2017\n\n\n\nTSX:ORV\n\n\n\nTORONTO, Dec. 21, 2017 /CNW/ - Orvana Minerals Corp. (TSX:ORV) (the \"Company\" or \"Orvana\") announces that it has made a grant of stock options under its stock option plan to certain of its directors and executives to acquire a total of 3,108,237 common shares of the Company (\"Common Shares\"). All of the options are exercisable at a price of $0.21 per Common Share. The initial one-third of the options will vest on the first year anniversary of the option grant, the second one-third of the options will vest on the two year anniversary of the option grant and the remaining one-third of the options will vest on the three year anniversary of the option grant. The options have a term of five years and are subject in all respects to the terms of Orvana's stock option plan and the requirements of the TSX Exchange.\n\nAbout OrvanaOrvana is a multi-mine gold and copper producer. Orvana's operating assets consist of the producing gold-copper-silver El Valle and Carlés mines in northern Spain and the producing gold-copper-silver Don Mario mine in Bolivia. Additional information is available at Orvana's website (www.orvana.com).\n\nNeither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of Toronto Stock Exchange) accept responsibility for the adequacy or accuracy of this release.\n\nCautionary Statements - Forward-Looking InformationCertain statements in this information constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws (\"forward-looking statements\"). Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, potentials, future events or performance (often, but not always, using words or phrases such as \"believes\", \"expects\", \"plans\", \"estimates\" or \"intends\" or stating ...