MONTREAL, QUEBEC--(Marketwired - Apr 1, 2014) - J.A.G. MINES LTD. (TSX VENTURE:JML) announces that, in accordance with Policy 4.4 from the TSX Venture Exchange and its Corporation Incentive Stock Option Plan, the Board of Directors has approved the grant of a total of 2 200 000 incentive stock options.
1 000 000 options are granted to two (2) executives of the Corporation, 800 000 to four (4) directors and 400 000 to one (1) consultant. The options have an exercise price of $0.10 and are granted until October 28th, 2018.
The Corporation is pleased to announce the appointment of Mr. Benoît Salvas as consultant in charge of business development. Mr. Salvas has a M.Sc. Economics (Finance, Mathematics and Strategy) from the Université de Montréal. He is an established professional with a quantifiable track record in the Financial Market, including a rich experience in managerial and trading positions, both at the institutional and retail levels.
Neither 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.