Montero Mining Grants Stock Options and Seeks Partner

Montero Mining and Exploration (TSE:MON) has released an update.

Montero Mining and Exploration Ltd. has announced the grant of 4,050,000 stock options to its directors, management, and consultants, with an exercise price of $0.33 and a five-year term, subject to regulatory approval. The company is also involved in a legal arbitration for damages against Tanzania and is seeking a partner for its Chilean copper-molybdenum project.

For further insights into TSE:MON stock, check out TipRanks’ Stock Analysis page.