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Callinex Grants Stock Options


Callinex Grants Stock Options
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VANCOUVER, BC, March 5, 2021 /PRNewswire/ -  
Callinex Mines Inc. (the Company or Callinex ) (TSXV: CNX) (OTC: CLLXF) announces that it has granted 160,000 stock options to its directors, officers and consultants.  The options are exercisable at $5.00 per share, subject to certain vesting requirements and expire five years from the date of grant.
About Callinex Mines Inc.
Callinex Mines Inc. (TSXV: CNX) (OTC: CLLXF) is advancing its portfolio of base and precious metals rich deposits located in established Canadian mining jurisdictions. The portfolio is highlighted by its Nash Creek and Superjack deposits in the Bathurst Mining District of New Brunswick. A 2018 PEA outlined a mine plan that generates a strong economic return with a pre-tax IRR of 34.1% (25.2% post-tax) and NPV8% of $230 million ($128 million post-tax). The projects have significant exploration upside over a district-scale land package that ....

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