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10:33 AM EDT, 09/23/2016 (MT Newswires) -- Adamera Minerals Corp. (ADZ.V) shares have moved higher after the company announced that at its recent AGM it elected members of the board including Yale Simpson Mark Kolebaba Geir Liland and Bernard Kahlert.
Yale Simpson has been appointed Chairman of the Board. Mr. Simpson has been a director of Adamera and its predecessor Diamonds North since 2002.
In addition, Adamera has granted 3,175,000 incentive stock options to certain directors, officers, employees and consultants of the Company pursuant to the Company's stock option plan. The options are exercisable at a price of $0.08 per share for a period of 10 years and are subject to the policies of the TSX Venture Exchange.
Adamera's shares were last up 6.25% at $0.0850 apiece.
Price: 0.0850, Change: +0.005, Percent Change: +6.25
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