Nevada Clean Magnesium Announces Stock Option Grant

Nevada Clean Magnesium Inc. (TSXV:NVM,OTCMKTS:MLYFF) announced that it has granted 2,550,000 incentive stock options to its Stock Option Plan for its directors, advisors and consultants.

As quoted in the press release:

The options are exercisable at a price of $0.05 per share for a 5-year term.

Any shares issued on the exercise of these stock options will be subject to a four-month holding period from the date of the grant. This stock option grant is subject to approval by the TSX Venture Exchange.

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