Copper North's Board Grants Stock Options
25 Agosto 2012 - 2:28AM
PR Newswire (Canada)
VANCOUVER, Aug. 27, 2012 /CNW/ - Copper North Mining Corp. ("Copper
North" or the "Company") announces the Company's Board of Directors
has authorized, subject to regulatory approval, the grant of an
aggregate of 200,000 stock options to Consultants & an Officer
of the Company, of which 100,000 stock options are being granted to
an officer and 50,000 stock options to each of the Consultants,
each grant is subject to the terms of the Company's stock option
plan. The stock options will vest over a two year period: with one
third vesting on the date of grant, one-third on the first
anniversary date and one-third on the second anniversary date. The
stock options have a five year term and each option allows the
holder to purchase one common share of the Company at a price of
$0.11 per share until August 28, 2017. About Copper North Copper
North is a Canadian mineral exploration and development company.
Copper North's assets include the Carmacks Copper Project located
in the Yukon, and the high-grade, stratiform-copper Redstone
Property, located in the Northwest Territories. Copper North trades
on the TSX Venture Exchange under the symbol COL. Please visit
www.coppernorthmining.com. On behalf of the Board of Directors:
"Sally L. Eyre" Dr. Sally L. Eyre President & CEO Neither the
TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this
release. Copper North Mining Corp. CONTACT: Peter Oates, Manager,
Investor RelationsTel: 604.638.2505Email:
info@coppernorthmining.comWeb: www.coppernorthmining.comRenmark
Financial CommunicationsTel: 514.939.3989Email:
info@renmarkfinancial.comWeb: www.renmarkfinancial.com
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