St-Georges Announces Grant of Stock Options - KTEN.com - No One Gets You Closer

St-Georges Announces Grant of Stock Options

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MONTREAL, QUEBEC / ACCESSWIRE / April 3, 2014 / St-Georges Platinum and Base Metals Ltd. (OTCQX: SXOOF) (CSE: SX) (FSE: 85G1) announces that pursuant to the terms and conditions of its incentive stock option plan, it has granted, in the aggregate 1,125,000 incentive stock options to purchase common shares of St-Georges to its directors and officers.

In accordance with the Company’s shareholder approved stock option plan and in compliance with applicable securities laws, St-Georges issued stock options exercisable at a price of $0.20 per share and having a five-year term or 90-day validity period following termination of employment or resignation of optionees. Officers of the company were granted an aggregate of 775,000 stock options, and 350,000 stock options were issued to the board of directors.

ON BEHALF OF THE BOARD OF DIRECTORS

Neha Tally, Corporate Secretary

About St-Georges

St-Georges is a Platinum-Palladium-Gold, Copper-Cobalt & Nickel Explorer and Developer. Headquartered in Montreal, the Company’s stock is listed on the CSE under the symbol SX, on the OTCQX under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1. For additional information, please visit our website at www.stgeorgesplatinum.com 

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

SOURCE: St-Georges

ReleaseID: 413942