TORONTO, Nov. 23, 2011 /CNW/ - (TSXV:GMN) GobiMin Inc. ("GobiMin" or the "Company") announces the recent granting of incentive
stock options under the Company's Stock Option Plan to its five
directors, a consultant and employees of the Company, its subsidiaries
and associates subject to regulatory approval and the provisions of the
Company's Stock Options Plan.
Five directors of GobiMin, namely Messrs. Felipe Tan, Zhang Ming,
Dominic Cheng, Hubert Marleau and Qiao Fugui, are granted stock options
to purchase up to 500,000, 450,000, 125,000, 125,000, 100,000 common
shares of GobiMin at CAD0.60 per share respectively. All vested options
shall expire on November 22, 2014.
In addition, options to acquire 100,000 common shares of the Company are
granted to a consultant at an exercise price of CAD0.60 per share. All
vested options shall expire on November 22, 2012.
Options to acquire 169,000 common shares of the Company are also granted
to the staff and management of the Company, its subsidiaries and
associates at an exercise price of CAD0.60 per share. All vested
options shall expire on November 22, 2016.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release."
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SOURCE GobiMin Inc.
For further information:
Felipe Tan, Chief Executive Officer
Tel: (852) 3586-6500