Handa Copper Corporation Announces Stock Option Grant


VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 15, 2015) – Handa Copper Corporation (TSX VENTURE:HEC) (“Handa” or the “Company“), wishes to announce that it has granted incentive stock options (the “Options“) to its directors, employees and consultants for the right to purchase up to an aggregate of 1,360,000 common shares of the Company, exercisable at the price of $0.15 per share for two (2) years. The Options shall vest quarterly; and shall be exercisable from time to time up to but not after April 15, 2017, and be subject to the Vesting Schedule: The Option Shares shall become vested at the end of every successive quarterly period, with eight (8) equal tranches over twenty four (24) months); upon the conclusion of every three (3) months subsequent to the date of the grant of option, such that the Optionee will be vested with the right to exercise one hundred percent (100%) of his option upon the conclusion of twenty four (24) months from the date of the grant of the option. (By way of example, in the event that Optionee did not exercise one-eighth (1/8) of his option at the conclusion of the three (3) months from the date of the grant of the option, he would be entitled to exercise one-quarter (1/4) of his option upon the conclusion of six (6) months from the date of the grant of the option).

http://ift.tt/1DGYkAa @MasterMetals MasterMetals Blog

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