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Inca One Gold's board grants stock option at an exercise price of USD0.075 per share.

M2 EQUITYBITES-March 16, 2018-Inca One Gold's board grants stock option at an exercise price of USD0.075 per share

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The board of directors of Inca One Gold Corp (TSXV:IO)(Frankfurt:SU9.F)(SSEV:IOCL) on Thursday awarded incentive stock options to its directors and officers pursuant to its stock option plan.

According to the company, its directors and officers will be provided with the option to acquire an aggregate of 3.3m common shares.

The company said the stock options have an exercise price of USD0.075 per share, exercisable until 14 March 2020 and subject to a vesting period of 50% in six months and 50% after one year.

Based in Canada, the company is engaged in the production of gold and silver from the processing of purchased minerals located in Peru. It purchases its minerals from government registered mining producers from various regions and processes it at its Chala One milling facility located in Chala, Southern Peru.

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Publication:M2 EquityBites (EQB)
Date:Mar 16, 2018
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