January 4, 2016 – Toronto, Ontario – Latin American Minerals Inc. (TSXV: LAT) (the “Company”) announces that it has granted, on December 31, 2015, incentive stock options to its directors, officers, a key employee and a consultant, exercisable to purchase up to 2,325,000 common shares in the capital of the Company until December 31, 2020, except for the consultant, which will be until December 31, 2017, at an exercise price of $0.12 per share. The incentive stock options were granted at a 20% premium to market at close of business on Dec. 30, 2015, are in accordance with the Company’s Stock Option Plan and vested immediately upon issuance.
About the Company
Latin American Minerals Inc. is a mineral exploration and gold mining company which holds its core gold and diamond projects in Paraguay. The Company is currently expanding its Independencia Mine gold processing plant to encompass heap-leach recovery from mineralization extracted in open pit bulk mining activities at its fully permitted mining concession.
Management has identified six gold zones for drill testing on the Company’s adjacent exploration claims, which are part of the Company’s 15,020 hectare Paso Yobai gold project.
For more information, please contact:
Basil Botha, Chairman
Vancouver: (1-604) 418-3856 or Toronto: (1-416) 363-0841
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.