Antioquia Announces Grant of Stock Options
CALGARY, ALBERTA--(Marketwired - April 26, 2017) - Antioquia Gold Inc. ("Antioquia" or the "Company") (TSX VENTURE:AGD)(OTCQX:AGDXF) announced today that, subject to regulatory approval and in accordance with the Company's stock option plan, the Company has granted a total of 1,500,000 options to an officer of the Company. Each option is exercisable to purchase one common share of the Company at $0.18 per share for a period of five years from the date of issuance. Antioquia has determined that exemptions from the various requirements of the TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 are available for the issuance of these options (Formal Valuation - Issuer Not Listed on Specified Markets; Minority Approval - Fair Market Value Not More Than 25% of Market Capitalization).