VANCOUVER, BC, Dec. 31, 2020 /CNW/ - KORE Mining Ltd.
(TSXV: KORE) (OTCQX: KOREF) ("KORE" or the "Company")
announces that it has granted an aggregate of 248,000 restricted
share units ("RSUs"), in accordance with the Omnibus Plan approved
by shareholders on October 9, 2020,
to certain officers of the Company. The RSUs are payable in common
shares of the Company, and vest in tranches over various dates
commencing December 2021 through
December 2023 and are valid for a
term of three years. The grant remains subject to the approval
of the TSX Venture Exchange.
About KORE Mining
KORE is 100% owner of a portfolio of
advanced gold exploration and development assets in California and British Columbia. KORE is supported by
strategic investor Eric Sprott who
has a total ownership of 26%. KORE management and Board are
aligned with shareholders, owning an additional 38% of the basic
shares outstanding. KORE is actively developing its Imperial
Gold project and is aggressively exploring across its portfolio of
assets.
Further information about KORE and its assets can be found on
the Company's website at www.koremining.com and at
www.sedar.com, or by contacting us at info@koremining.com or by
telephone at (888) 407-5450.
On behalf of KORE Mining Ltd
"Scott
Trebilcock"
Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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SOURCE Kore Mining