Milner Announces Grant of Stock Option
17 Octubre 2008 - 3:41PM
Marketwired
MILNER CONSOLIDATED SILVER MINES LTD. (Milner) (TSX VENTURE: MCA)
announces that options to acquire a total of 111,000 common shares
of Milner at an exercise price of $0.25 per share expiring on
October 16, 2013 have been granted to 3 directors of Milner. Each
director is entitled to 37,000 common shares. The market price at
close of previous day was $0.20. The grant of this option is in
accordance with the existing stock option plan.
The grant of these options replaces the 111,000 common share
options that expired on May 26, 2008. The exercise price of the
expired options was $0.175 per share.
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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