TORONTO, July 4 /CNW/ - COGITORE Resources Inc. (the "Company") (WOO: TSX-V) announces that it has granted Louis Morin, Director of Investor Relations for the Company, stock options to purchase up to 75,000 common shares of the Company at an exercise price of $0.50, expiring on June 30, 2013, as per the Company's original agreement with Mr. Morin. The options will vest in three month stages over a 12 month period in accordance with regulation authorities.
The Company has developed a strategic focus on base metal exploration in prospective areas that also feature infrastructure favourable for mining development. Accordingly, it will focus its work in the Abitibi Belt of Quebec and Ontario, and in the Central Belt of Newfoundland.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
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