News Column

Rugby Grants Stock Options

February 20, 2014

Rugby Mining Limited reports that it has granted an aggregate of 750,000 stock options to four directors and 150,000 stock options to an officer for the purchase of up to 900,000 common shares of the Company pursuant to its Stock Option Plan.

The options granted to directors will vest over two years and the options granted to an officer will vest over three years. Each option is exercisable for a period of 10 years at a price of $0.18 per common share.

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Source: Manufacturing Close - Up

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