TORONTO, Sept. 08, 2020 (GLOBE NEWSWIRE) — Asian Mineral Resources Limited (the “Company”) (ASN-TSX Venture) announces that it has granted, effective September 4, 2020, an aggregate of 2,950,000 share options (each an “Option”) to certain directors and officers, of the Company and its wholly owned subsidiary Decklar Petroleum Limited (“Decklar”) in accordance with the Company’s current stock option plan. Each Option is exercisable into one common share (a “Share”) of the Company at a price of $0.28 per Share for a period of five years expiring September 3, 2025. The options vest as to one-third immediately, one-third on March 4, 2021 and one-third on September 4, 2021.
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