EDMONTON, Alberta, May 04, 2021 (GLOBE NEWSWIRE) — Mineworx Technologies Ltd. (the “Company” or “Mineworx“) (TSXV: MWX) (OTCQB: MWXRD) (FSE: YRS WKN: A2DSW3) announces the Company has granted an aggregate of 7,400,000 stock options to directors, officers, employees and various consultants of the Company. The options are at an exercise price of $0.075 per share and valid for a period of five years from the date of the grant, subject to vesting provisions. The options are granted in accordance with the Company’s Stock Option Plan approved by the shareholders on August 27, 2014.
The grant of the options has been approved by the Board of Directors and is subject to the final approval of the TSX Venture Exchange.
Mineworx is positioned for growth in the catalytic converter and mining sectors through the development and commercialization of its proprietary, environmentally friendly processing technologies for the recovery of precious metals. Initial focus is the extraction of platinum and palladium from diesel catalytic converters with its partner Davis Recycling and will be building its first commercial extraction facility in Tennessee, USA. The company is also furthering the development of a historic iron ore concession which it holds a 100% interest in South-Eastern Spain. For further information go to www.mineworx.net
Neither the 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.
For further information contact:
MINEWORX TECHNOLOGIES LTD.
The Howard Group