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Marifil Mines Limited Announces Stock Option Grant

Vancouver, British Columbia–(Newsfile Corp. – February 6, 2018) – Marifil Mines Limited (TSXV: MFM) (“Marifil” or the “Company“) announces that it has granted stock options for a total of 1,200,000 common shares of the Company to officers, directors and consultants of the Company. These stock options are exercisable at $0.115 per share and will expire on February 4, 2019. 50% of the stock options vest immediately, 25% will vest six months from the grant date with the remaining vesting one year from the grant date. The stock options are governed by the terms and conditions of the Company’s stock option plan.

Following the grant of stock options, the Company has a total of 1,685,000 stock options outstanding representing approximately 10% of the outstanding common shares of the Company. This stock option grant is subject TSX Venture Exchange approval.

Contact information:
Robert Abenante,
Chief Executive Officer
Phone: 604.369.0999
Email: [email protected]
Website: www.marifilmines.com

For further information regarding Marifil Mines Limited, please refer to the Company’s filings available on SEDAR (http://www.sedar.com) or at Marifil’s Website (http://www.marifilmines.com).

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.



Disclaimer: This is an unedited and minimally reviewed public mining company press release originally published at http://www.newsfilecorp.com/release/32620/Marifil-Mines-Limited-Announces-Stock-Option-Grant. We have linked to our knowledge base articles from within the content of this release in order to help explain some of the terminology used and provide continuity from previous and related news coverage. You can access more in-depth mining company project reviews on our site, as well a knowledge base of articles on mineral exploration, mining and geology-related topics.

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