Garibaldi Resources Corp. - Grant of Stock Options
VANCOUVER, Feb. 4, 2014 /PRNewswire/ - Garibaldi Resources Corp. (TSX.V: GGI) (the "Company" or "Garibaldi") is pleased to announce that it has granted to directors, officers and employees of the Company Incentive Stock Options on up to 600,000 shares of the Company's capital stock, exercisable for up to five (5) years, at a price of $0.20 cents per share, which price is not lower than the last closing price of the Company's shares prior to this announcement, less the applicable discount.
Furthermore, the Company has granted to consultants of the Company Incentive Stock Options on up to 400,000 shares of the Company's capital stock, exercisable for up to one (1) year, at a price of $0.20 cents per share, which price is not lower than the last closing price of the Company's shares prior to this announcement, less the applicable discount.
The options are granted pursuant to the Company's Stock Option Plan and will be subject to applicable regulatory hold periods.
Garibaldi Resources Corp. is an active Canadian-based junior exploration company focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions of Mexico and British Columbia.
We seek safe harbour.
GARIBALDI RESOURCES CORP.
Steve Regoci, President
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or the accuracy of this release.
SOURCE Garibaldi Resources Corp.
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