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Tarku announces the Grant of Stock Options and Board appointment
Tarku announces the Grant of Stock Options and Board appointment Canada NewsWir...
About this update from Tarku Resources Ltd
[{"type":"text","content":"\n \n \n \n Tarku announces the Grant of Stock Options and Board appointment\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 MONTREAL, Nov. 11, 2020\n \n \n \n \n \n MONTREAL\n \n ,\n \n Nov. 11, 2020\n \n /CNW/ -\n \n Tarku Resources Ltd\n \n (TSXV: TKU) (the \"Company\" or \"Tarku\") announces that the board of directors has approved the grant of 3,200,000 stock options (\"Options\") pursuant to the Company's Stock Option Plan. The options, which were granted to directors, officers and consultants of the Company, are exercisable at a price of\n \n $0.17\n \n per share. If not exercised, the Options will expire on\n \n November 11, 2025\n \n , subject to earlier expiration in accordance with the Stock Option Plan and the applicable policies of the TSX Venture Exchange.\n \n \n \n Changes to the Board\n \n \n \n The Board of Directors of Tarku also announces the appointment of Mr.\n \n David Watkinson\n \n , P.Eng. as Independent Director to the Board of Directors, effective immediately. Concurrent with Mr. Watkinson's appointment, the Board of Directors has accepted the resignation of Mr.\n \n Tim Termuende\n \n , who has served the Company as a founding board member for over nine years. The Board wishes to thank Mr. Termuende for his service to the Company and its shareholders and wish him well in his future endeavours.\n \n \n Mr. Watkinson brings over 35 years of professional engineering experience in underground and open pit mine development, including mine permitting, engineering, feasibility, construction, and operations to Tarku. In addition, Mr. Watkinson has extensive experience in project management, having taken projects from grass roots start-up to successful operating status. Mr. Watkinson has been responsible for management of large capital projects and operations in\n \n Canada\n \n ,\n \n the United States\n \n and\n \n the Philippines\n \n . He has progressively held senior positions with Placer Dome Inc., Kinross Gold Corporation, Thyssen Mining Construction and Vulcan Materials Company. Mr. Watkinson holds a B.Sc. i...