TORONTO, Aug. 26 /CNW/ - GobiMin Inc. (the "Company" or "GobiMin")
announces the recent granting of incentive stock options under the Company's
Stock Option Plan to its six directors and other members of the staff and
management of the Company and its subsidiaries subject to regulatory approval
and to the provisions of the Company's Stock Options Plan.
Six directors of GobiMin, namely Messrs. Felipe Tan, Zhang Ming, Dominic
Cheng, Hubert Marleau, Jean-Charles Potvin and Qiao Fugui, are granted stock
options to purchase up to 300,000, 200,000, 100,000, 100,000, 70,000, 70,000
common shares of GobiMin at an exercise price of CAD1.10 per share
respectively, exercisable until August 24, 2011.
Options to acquire 362,000 common shares of the Company are also granted
to the staff and management of the Company and its subsidiaries at an exercise
price of CAD1.10 per share, exercisable until August 24, 2013.
The TSX Venture Exchange has neither approved nor disapproved the
contents of this press release.
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For further information:
For further information: James Xiang, Chief Financial Officer, GobiMin
Inc., Tel: (416) 915-0133