An anonymous director reports
HIGHLAND COPPER ANNOUNCES GRANT OF STOCK OPTIONS, RESTRICTED SHARE UNITS AND DEFERRED SHARE UNITS
Highland Copper Company Inc., subject to regulatory approval, has approved the grant of 7,875,000 incentive stock options, 2,161,000 restricted share units and 1,812,500 deferred share units to directors, executive officers and employees of the company. The options are exercisable at an exercise price of 12 cents per share for a period of up to five years, and will vest as to one-third immediately and one-third on each of the first anniversary and second anniversary of the grant. The restricted share units and deferred share units will vest as to one-third on each of the first anniversary, second anniversary and third anniversary of the grant.
About Highland Copper Company Inc.
Highland Copper is a Canadian company focused on exploring and developing copper projects in the Upper Peninsula of Michigan, U.S.A. The company owns the Copperwood deposit through long-term mineral leases and 34 per cent of the White Pine North project through a joint venture with Kinterra Copper USA LLC. The company also owns surface rights securing access to the Copperwood deposit and providing space for infrastructure at Copperwood as required. The company has 736,363,619 common shares issued and outstanding. Its common shares are listed on the TSX Venture Exchange under the symbol HI and trade on the OTCQB Venture Market under symbol HDRSF.
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