Montero Grants Stock Options to Board of Directors and ManagementDecember 21, 2020
Toronto, Ontario – 21 December 2020 – Montero Mining and Exploration Ltd. (TSX-V: MON) has granted incentive stock options to the Board of Directors, Management and consultants.
Subject to regulatory approval, Montero has granted 1,672,500 Stock Options to the Board of Directors, Management and consultants pursuant to the Corporation’s incentive Stock Option Plan. The stock options are exercisable for a period of five years from the date of issuance at an exercise price of $0.35 per share.
Montero is a junior exploration company focused on advancing the Isabella Gold Silver Project in Chile. The Company is in the process of relinquishing its portfolio of battery metal projects in Africa with a focus on gold opportunities in Chile. Montero’s board of directors and management have an impressive track record of successfully discovering and advancing precious metal projects. Montero trades on the TSX Venture Exchange under the symbol MON and has 38,547,485 shares outstanding.