Milner Announces Grant of New Stock Options Under Existing Plan
04 Mai 2009 - 5:59PM
Marketwired
MILNER CONSOLIDATED SILVER MINES LTD. (TSX VENTURE: MCA) (Milner) -
announces that options to acquire a total of 111,000 common shares
of Milner at an exercise price of $0.11 per share expiring on May
3, 2014 have been granted to three directors of the Company who are
not also officers. Options of 37,000 common shares have been
granted to each director. The market price at close of previous day
was $0.11. The grant of this option is in accordance with the
existing stock option plan. The stock options are for a term of
five years and vest immediately.
The grant of the incentive stock options is subject to
regulatory approval.
Milner Consolidated Silver Mines Ltd. is a junior resource
company, quoted for trading on the TSX Venture Exchange under the
symbol MCA. There are currently 7,438,506 shares issued and
outstanding in Milner Consolidated Silver Mines Ltd.
On Behalf of the Board,
D.J. Bazinet, President
Shares Outstanding: 7,438,506
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Milner Consolidated Silver Mines Ltd. Deborah Bazinet
705-533-3430
Milner Consolidated Silver (TSXV:MCA)
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