Vancouver, British Columbia, October 16, 2015 - Anthem United Inc. (TSXV: AFY) (“Anthem” or the “Company”) announces that a total of 2,750,000 incentive stock options have been granted to directors, officers and employees of the Company pursuant to the Company’s Stock Option Plan. The options are exercisable for a period of five years at a price of $0.35 per share.
About Anthem United Inc.
Anthem United (www.anthemu.com) is focused on building a precious metals producing company through the acquisition and development of silver and gold mineral assets. The Company is currently advancing the development, construction and operation of the 350 tonne per day Koricancha Mill in Peru, in which it owns a 75% interest. The Company’s joint venture partner, EMC Green Group SA, owns the remaining 25%, subject to an 8% cost of sales royalty payable to Anthem, and is the operator of the Koricancha Mill. The Koricancha Mill will produce gold for its own account by processing gold bearing ore purchased from small scale and artisanal miners in Peru.
In May 2015, Anthem and EMC announced the acquisition of a second 350 tonne per day gold mill and associated mineral claims, collectively the “Chaparra Assets” (see news release dated May 28, 2015). The acquisition of the Chaparra assets is expected to close in the first quarter of 2016. |