Callinex Mines has granted a total of 1.8 million stock options to officers, directors, consultants and employees of Callinex. The options were granted for a period of five years expiring on August 8, 2021 and each stock option will allow the holder to purchase a common share of Callinex at an exercise price of 38 cents.
Callinex Mines is focused on discovering and developing copper and zinc rich mines within prolific Canadian VMS mining jurisdictions. The Company is actively exploring its Pine Bay Project located in the Flin Flon mining district which hosts significant VMS deposits that are within close proximity to a processing facility. The larger project portfolio hosts three significant zinc rich mineral resources in Eastern Canada.