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Kincora grants options to buy 2.05mln shares

Kincora Copper has granted to directors and officers a total of 2,056,300 stock options under the company's stock option plan

Kincora Copper (CVE:KCC) has granted to directors and officers a total of 2,056,300 stock options under the company's stock option plan.

The options have a four-year term from issuance date, with 50% of the total being exercisable at a price of 43 cents per share and the other 50% of the total being exercisable at 54 cents per share. The options will vest over a four-month period from the issuance date.