TORONTO, March 19, 2012 /CNW/ - Argentium Resources Inc. (the "Company") has granted a total of 1,350,000 incentive stock options to directors and officers of the Company exercisable into common shares at an exercise price of $0.54 over a term of five years. The stock options are granted pursuant to the Company Stock Option Plan and are subject to any necessary regulatory or stock exchange requirements.
ON BEHALF OF THE BOARD
ARGENTIUM RESOURCES INC.
"John Carter" (signed)
John Carter, President
Argentium Resources Inc. is a reporting issuer in good standing in the Provinces of Ontario, British Columbia and Alberta whose common shares are listed on CNSX (Symbol: AOK). There are 45,812,277 common shares issued and outstanding in the capital of the Company and 43,759,601 outstanding on a fully diluted basis.
CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
This news release contains "forward-looking information" (within the meaning of applicable Canadian securities laws) and "forward-looking statements" (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as "anticipate", "believe", "expect", "plan", "intend", "potential", "estimate", "propose", "project", "outlook", "foresee" or similar words suggesting future outcomes or statements regarding an outlook. Such statements include, among others, those concerning the Company's anticipated operational plans, planned use of proceeds and activities including its plans to complete the private placement.
Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management's expectations regarding its ability to complete its development work as expected. Actual results could differ materially due to a number of factors, including, without limitation, operational risks in the completion of the Company's continued development work, technical, safety or regulatory issues.
Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company's securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.
For further information:
John Carter, President