VANCOUVER, BC, Aug. 13,
2024 /CNW/ - GR Silver Mining Ltd.
("GR Silver Mining" or the "Company")
(TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – announces that
the Company has granted a total of 600,000 stock options
("Options") to eligible persons in accordance with the Omnibus
Long-Term Incentive Plan (the "Plan") approved by the Board on
August 2, 2022 and approved by
shareholders at the Company's Annual General Meeting held on
September 18, 2023, and subject to
the policies of the TSX Venture Exchange (the
"TSXV").
The options, with a five-year term and exercisable at a price of
$0.16 per common share, shall vest as
to 1/3 on the date of grant and an additional 1/3 on each of
August 12, 2025 and August 12, 2026.
About GR Silver Mining Ltd.
GR Silver Mining is a Canadian-based, Mexico-focused junior mineral exploration
company engaged in cost effective silver-gold resource expansion on
its 100%-owned assets, located on the eastern edge of the Rosario
Mining District, in the southeast of Sinaloa State, Mexico. GR Silver Mining controls 100% of the
former Plomosas underground mine within the Plomosas Project, which
includes the integrated San Marcial Area. In conjunction with a
portfolio of early to advanced stage exploration targets, the
Company holds 78 km2 of highly prospective core
concessions and an additional 270 km2 of non-core
concessions.
GR Silver Mining Ltd.
Eric Zaunscherb, Chair &
CEO
Cautionary Statement Regarding Forward-Looking
Information
This press release contains
"forward-looking statements" within the meaning of applicable
Canadian securities legislation and information that are based on
the beliefs of management and reflect the Company's current
expectations. When used in this press release, the words
"estimate", "project", "belief", "anticipate", "intend", "expect",
"plan", "predict", "may" or "should" and the negative of these
words or such variations thereon or comparable terminology are
intended to identify forward-looking statements and information.
Such statements and information reflect the current view of the
Company. Risks and uncertainties may cause actual results to differ
materially from those contemplated in those forward-looking
statements and information. By their nature, forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause our actual results, performance or
achievements, or other future events, to be materially different
from any future results, performance or achievements expressed or
implied by such forward-looking statements.
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 press release.
SOURCE GR Silver Mining Ltd.