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Luminex grants stock options at exercise price of CAD0.51 per share.

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M2 EQUITYBITES-November 26, 2021-Luminex grants stock options at exercise price of CAD0.51 per share

(C)2021 M2 COMMUNICATIONS http://www.m2.com

Canadian precious and base metals exploration and development company Luminex Resources Corp (TSXV:LR) (OTCQX:LUMIF) said on Thursday that it has granted incentive stock options to certain directors, officers, employees and consultants of the company to purchase up to an aggregate of 1,387,000 common shares.

These stock options are exercisable at a price of CAD0.51 per share and will expire on 25 November 2026.

A total of 1,357,000 options will vest in three equal parts over the first two years after grant and 30,000 options (First Globe options) will vest in four equal parts over the first two years after grant.

Luminex also said that it has renewed...

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