(TheNewswire)
Toronto, O N -TheNewswire - May 15, 2023 - PNG COPPER INC. (CSE:PNGC)("PNGC" or the "Company") is pleased toannounce that Eric Plexman has been appointed as Chief FinancialOfficer and Secretary of the Company to replace Paul Rokeby who isretiring and resigning as Chief Financial Officer and director to beable to spend more time on other activities. The Company would like toexpress its appreciation to Mr. Rokeby for his past contributions tothe Company.
The Company has granted a total of 6,000,000 incentivestock options to directors, officers and a consultant of the Company.These options are exercisable over five years at an exercise price of$0.05. 25% of t he options will vest on thedate of grant and 25% of t he options will vest at the end of each subsequent six-monthperiod during the term of the option.
About PNG Copper Inc.
PNG Copper Inc. is a mineral exploration company focused on acquiring,exploring, and developing quality mineral properties in Canada. TheCompany's core values are respect for the Community, the Landowners,the environment and operating a safe workplace for its employees. TheCompany is also committed to best practice standards of CorporateGovernance.
For further information please visitthe Company's website at pngcopper.ca or contact:
PNG Copper Inc.
John O’Donnell, Chief Executive Officer
Tel: +1.647-966-3100
Neither theCanadian Securities Exchange nor its Market Regulator (as that term isdefined in the policies of the Canadian Securities Exchange) acceptsresponsibility for the adequacy or accuracy of this release.
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