Orex Grants Stock Options


VANCOUVER, Jan. 29, 2016 /CNW/ – Orex Minerals Inc. – (REX: TSX-V) (“Orex” ) announces that it has granted an aggregate of 3,500,000 incentive stock options to directors, officers and consultants to purchase up to 3,500,000 common shares in the capital of Orex. The incentive stock options have an exercise price of $0.35 per share, expire five years from the date of grant and vest immediately. As a result of this option grant, Orex has 10,044,000 stock options issued, representing 9.7% of the issued and outstanding share capital.

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