VANCOUVER, Feb. 1, 2019 /CNW/ - Mirasol Resources Ltd.
(TSX-V: MRZ, OTCPK: MRZLF) (the "Company"
or "Mirasol") announced that the Company has granted 750,000
stock options under its Equity Incentive Plan. In connection
with the appointment of Norm Pitcher
as President and CEO of the Company effective as of today, the
Company has granted 600,000 stock options to Mr. Pitcher. The
options are exercisable at $1.27 per
share for a period of four years subject to vesting restrictions
whereby 200,000 options shall vest immediately; 200,000 options
shall vest on February 1, 2020; and
200,000 options shall vest on February 1,
2021, provided that Mr. Pitcher's employment agreement is in
effect on such dates. The additional 150,000 stock options were
granted to the Chairman of the Board and are exercisable at
$1.27 per share for a period of three
years.
About Mirasol Resources Ltd
Mirasol is a premier project generation company that is focused
on the discovery and development of profitable precious metal and
copper deposits, operating via a hybrid joint venture and
self-funded drilling business model. Strategic joint ventures with
precious metal producers have enabled Mirasol to maintain a tight
share structure while advancing its priority projects that are
focused in high-potential regions in Chile and Argentina. Mirasol employs an
integrated generative and on-ground exploration approach, combining
leading-edge technologies and experienced exploration geoscientists
to maximize the potential for discovery. Mirasol is in a strong
financial position and has a significant portfolio of exploration
projects located within the Tertiary Age Mineral belts of
Chile and the Jurassic age Au+Ag
district of Santa Cruz Province
Argentina.
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.
SOURCE Mirasol Resources Ltd.