ROUYN-NORANDA, QC, April 5 2011 /CNW Telbec/ - Visible Gold Mines Inc.
(TSXV: VGD) (Frankfurt: 3V4) announces that its Board of Directors has
granted 55,000 stock options to one of its director in respect of
55,000 common shares. The options were granted under Visible Gold
Mines' Stock Option Plan. The exercise price of the options is $0.425
per share, equal to the closing price of Visible Gold Mines' common
shares on the TSX Venture Exchange on Monday April 4, 2011. The options
expire in five years.
ABOUT VISIBLE GOLD MINES INC.
Visible Gold Mines Inc. is a dynamic corporation aggressively searching
for the next important gold deposit in northwestern Québec, an area
consistently ranked as one of the world's best jurisdictions for mining
and exploration. Listed on the TSX Venture Exchange and Frankfurt
Stock Exchange, Visible Gold Mines is led by a highly respected
management and technical team with a proven mine-finding track record.
Visible Gold is well-funded and in the midst of $6.5 million, 40,000
metres 2011 drill program targeting under-explored and prospective
strategic areas in the vicinity of the famous mining community of
Rouyn-Noranda. Visible Gold controls several properties and a large
land position totaling approximately 15,000 hectares in the
Visible Gold has the focus, experience, commitment and resources
necessary to become a leader in the vibrant Québec gold sector while
building shareholder value.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
for the adequacy or accuracy of the release.
SOURCE VISIBLE GOLD MINES INC.
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