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BMK - MacDonald Mines Exploration News Story

C$0.04 0.0  0.0%

Last Trade - 26/01/22

Sector
Basic Materials
Size
Micro Cap
Market Cap £6.24m
Enterprise Value £6.00m
Revenue £n/a
Position in Universe 1887th / 2711

MacDonald Mines Announces Grant of Stock Options

Fri 26th November, 2021 11:30am
For best results when printing this announcement, please click on link below:
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TORONTO, Nov. 26, 2021 (GLOBE NEWSWIRE) -- MacDonald Mines Exploration Ltd.
(TSX-V: BMK) (“MacDonald Mines” or the “Company”) announces the grant,
under the Company’s stock option plan, of 7,500,000 stock options to certain
directors, officers, employees and consultants of the Company. The options
entitle the holders to purchase the same number of common shares of the
Company at a price of $0.05 per share for a period of five years.

About MacDonald Mines Exploration Ltd.

MacDonald Mines Exploration Ltd. is a mineral exploration company
headquartered in Toronto, Ontario that trades on the TSX Venture Exchange
under the symbol "BMK".  

The Company is focused on developing its 100%-owned SPJ Project in Northern
Ontario. Following up on its successful 2019-2021 exploration and drilling
campaigns, MacDonald Mines is focused on what it theorizes to be a large gold
system at work on the 19,380 ha property with high-grade gold surrounding the
past-producing Scadding Gold Mine and surrounding gold/polymetallic
mineralization over several kilometres.

To learn more about MacDonald Mines, please visit www.macdonaldmines.com

For more information, please contact:

Stuart Adair, President & Interim CEO, (647) 899-5031,
sadair@macdonaldmines.com

Neither 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.

This News Release contains forward-looking statements. In some cases, you can
identify forward-looking statements by terminology such as “may”,
“should”, “expects”, “plans”, “anticipates”, “believes”,
“estimates”, “predicts”, “potential” or “continue” or the
negative of these terms or other comparable terminology. These statements are
only predictions and involve known and unknown risks, uncertainties and other
factors that may cause our or our industry’s actual results, levels of
activity, performance or achievements to be materially different from any
future results, levels of activity, performance or achievements expressed or
implied by these forward-looking statements.

Although the Company believes that the assumptions and factors used in
preparing the forward-looking information in this news release are reasonable,
undue reliance should not be placed on such information, which only applies as
of the date of this news release. The Company disclaims any intention or
obligation to update or revise any forward-looking information, whether as a
result of new information, future events or otherwise, other than as required
by law. 

(https://www.globenewswire.com/NewsRoom/AttachmentNg/c4240c9f-4f01-4631-bcc4-56a9912f9d42)



GlobeNewswire, Inc. 2021
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