2012-11-07 21:05:18 -
LONGUEUIL, QUEBEC -- (Marketwire) -- 11/07/12 -- Highland Copper Company Inc. (formerly Highland Resources Inc.) (TSX VENTURE:HI) ("Highland" or the "Company") reports that, subject to regulatory approval, it has granted an aggregate of 3,980,000 stock options to directors, officers, employees and consultants of the Company and its subsidiary. The options are exercisable at a price of $0.60 for a period of five years from the date of grant and will vest over two years.
Highland Copper Company Inc. is a Canadian exploration company focused on exploring and developing copper projects on the Keweenaw Peninsula within the Upper Peninsula of Michigan, U.S.A. through its 100%-held subsidiary, Keweenaw Copper Co. The Company is well funded, having completed a $16.5 million private placement in May 2012. The common shares of Highland trade on the TSX Venture Exchange under the symbol 'HI'. Additional information about the Company is available on the Company's website and on SEDAR.
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.
Vice-chairman, Interim President and CEO