/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES/
TSX Venture Exchange: PMV
Australian Securities Exchange: PVM
VANCOUVER, March 19, 2012 /CNW/ - PMI Gold Corporation (TSX-V: PMV) (ASX: PVM) (the "Company") wishes to correct the notification of the exercise price of options to be issued to Michael Gloyne - the Chief Operating Officer of the Company that was announced on 13 March 2012.
The exercise price for the issue of Company stock options was based on a formula. The correct exercise price is $2.00 per share rather than $1.95 announced on 13 March 2012.
On behalf of the Board,
Managing Director & CEO
Neither the 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.
For further information:
Investor Relations Canada:
Rebecca Greco, Fig House Communications
P. +1 (416) 822-6483
Investor Relations Australia:
Nicholas Read/Paul Armstrong, Read Corporate
P. +61 8 9388 1471
M. +61 419 929 046
PMI Contact Canada:
Marion McGrath, Corporate Secretary
P. +1 (604) 684-6264
Toll-Free: 1 (888) 682-8089
PMI Contact Australia:
Collin Ellison, Managing Director & CEO
P. +61 8 6188 7900
or visit the PMI Gold Corporation website at www.pmigoldcorp.com