CALGARY, ALBERTA–(Market Wired – August 5, 2016) – Margaux Resources Ltd. (TSXV:MRL) (“Margaux” or the “Company”) announced that it has issued 450,000 stock options to directors, officers, employees and consultants of the Company in accordance with the Company’s shareholder approved stock option plan. The stock options are exercisable at a price of $0.245 per share, expire in five years, and vest over a period of three years, with 1/3 of the Options vesting immediately, and 1/3 vesting at the end of each the first and second anniversary of the date of grant.
Margaux Resources Ltd.: Margaux is a publicly traded mineral exploration company based in Calgary, Alberta. The Company has an option on the previously producing Jersey Emerald tungsten-zinc mine, located in southeastern British Columbia.
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