Mms Sedar release17 Apr 2019 15:33
Macarthur Minerals Announces Executive Chairman Exercise of Stock Options
VANCOUVER, British Columbia, April 17, 2019 -- Macarthur Minerals Limited (TSX-V: MMS) (OTCQB: MMSDF) (the “Company” or “Macarthur”) is pleased to announce that Mr. Cameron McCall, Executive Chairman has exercised stock options to purchase 530,000 common shares (“Common Shares”) in the capital of the Company at an exercise price (“the Option Exercise”) of $0.05 per Common Share.
Following the transaction, Mr. McCall holds a total of 4,039,804 Common Shares with one voting right per Common Share.
ABOUT MACARTHUR MINERALS LIMITED (TSX-V: MMS) (OTCQB: MMSDF)
Macarthur Minerals Limited is an iron ore development company with its focus on bringing into production, its sizeable, 100% owned, Moonshine Magnetite and Ularring Hematite Iron Ore Projects in Western Australia. Macarthur Minerals also has prominent (~1,130 square kilometer tenement area) exploration interests in gold, lithium, nickel, cobalt in the Pilbara region of Western Australia. In addition, Macarthur Minerals has lithium brine claims in the emerging Railroad Valley region in Nevada, USA.