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Bacanora grants stock options, shares rise

Friday, March 3, 2017 11:54
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Bacanora Minerals Ltd (LON:BCN CVE:BCN) shares were higher in Canada on Friday after the company granted an aggregate of 2,937,400 options to acquire common shares in the firm’s capital a price of £0.85 (C$1.39) under its stock option plan.

A total of 425,000 of the foregoing options have been granted to consultants and employees of the company and its subsidiaries.

Bacanora shares were up 2.3% at C$1.33 on Friday.

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