Vulcan Minerals Inc. Grants Stock Options

Vulcan Minerals Inc., based in St. John's, Newfoundland and Labrador, has announced the grant of 2,550,000 incentive stock options to its directors and employees. These options are exercisable at $0.23 and have a validity period of ten years. This grant is part of the company's Stock Option Plan and awaits approval from the TSX Venture Exchange. Previously, Vulcan has 4,900,000 shares issued and outstanding, with 12,990,240 shares reserved for issuance.

Vulcan Minerals is engaged in the exploration of precious and base metals. It holds key land positions across various exploration and development belts in Newfoundland. The company possesses a 27% stake in Atlas Salt Inc., which is working on the Great Atlantic Salt mine in western Newfoundland.