VANCOUVER, Oct. 3, 2017 /CNW/ - Bear Creek Mining (TSX
Venture: "BCM") ("Bear Creek" or the "Company") announces that its
Board of Directors has authorized and approved the grant of
1,000,000 incentive stock options (the "Stock Options") under its
incentive stock option plan (the "Stock Option Plan") to Mr.
Anthony Hawkshaw, who commenced his
position as Bear Creek's President and Chief Executive Officer on
October 1, 2017. The Stock Options
have an expiry date of October 3,
2027 and will vest periodically, in accordance with the
Stock Option Plan, upon the achievement of certain corporate
milestones. The exercise price of the Stock Options is Cdn
$2.25 per share, a 10% premium to the
Company's share price at the close of trading on October 2, 2017. Additionally, from September 25-29, 2017 Mr. Hawkshaw purchased
100,000 common shares of the Company through the provisions of the
TSX Venture Exchange, at market prices.
On behalf of the Board of Directors,
Andrew Swarthout
Chairman
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.
SOURCE Bear Creek Mining Corporation