Mich Resources Ltd. announces that it has completed a non-brokered private placement of 8,875,600 common shares at an issue price of $0.25 per Share for total gross proceeds of $2,218,900. The Company intends to use the proceeds of the Private Placement for corporate and general working capital purposes. Shares issued in connection with the Private Placement will be subject to a statutory hold period until October 30 [...]
Mich Resources Ltd. announces that Szascha Lim, the Company's CFO and Corporate Secretary, has been appointed as a director of Mich Resources Ltd. All existing directors will remain on the Board. In connection with this appointment, Ms. Lim has been granted 50,000 incentive stock options at a price of $0.27 per share, exercisable for a period of 10 years, subject to CSE approval.
Mich Resources Ltd. announces that an aggregate of 1,525,000 incentive stock options have been granted to directors, officers, consultants and charitable organizations at a price of $0.27 per share, exercisable for a period of 10 years, subject to CSE approval. The Company further reports that Frank Giustra and his related entities have acquired stock options pursuant to the aforementioned grant, as well as a recent [...]
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