Appointment of Officer and Grant of Options

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[{"type":"text","content":"Appointment of Officer and Grant of Options\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Toronto, O\n \n \n N\n \n \n -\nTheNewswire - May 15, 2023 -\n \n \n PNG COPPER INC.\n \n \n (CSE:PNGC)\n(\"PNGC\" or the \"Company\")\n \n is pleased to\nannounce that Eric Plexman has been appointed as Chief Financial\nOfficer and Secretary of the Company to replace Paul Rokeby who is\nretiring and resigning as Chief Financial Officer and director to be\nable to spend more time on other activities. The Company would like to\nexpress its appreciation to Mr. Rokeby for his past contributions to\nthe Company.\n \n \n \n The Company has granted a total of 6,000,000 incentive\nstock options to directors, officers and a consultant of the Company.\nThese options are exercisable over five years at an exercise price of\n$0.05.  25% of t\n \n \n he options will vest on the\ndate of grant and\n \n \n 25% of t\n \n \n he options will vest at the end of each subsequent six-month\nperiod during the term of the option.\n \n \n \n \n About PNG Copper Inc.\n \n \n \n PNG Copper Inc. is a mineral exploration company focused on acquiring,\nexploring, and developing quality mineral properties in Canada. The\nCompany's core values are respect for the Community, the Landowners,\nthe environment and operating a safe workplace for its employees. The\nCompany is also committed to best practice standards of Corporate\nGovernance.\n \n \n \n For further information please visit\nthe Company's website at pngcopper.ca or contact:\n \n \n \n \n PNG Copper Inc.\n \n \n \n John O’Donnell, Chief Executive Officer\n \n \n Tel: +1.647-966-3100\n \n \n \n Neither the\nCanadian Securities Exchange nor its Market Regulator (as that term is\ndefined in the policies of the Canadian Securities Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n","length":3458,"tagName":"div"}]

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