PASS LAKE, ON, Dec. 15 /CNW/ - Jiminex Inc.(JIM:TSX-V) reports that it has issued a total of 575,000 incentive stock options on December 10, 2010, subject to regulatory consent.
Officers and directors of Jiminex were granted 550,000 while one consultant was issued 25,000 stock options. These incentive stock options are exercisable at $0.25 with an expiry date of December 10, 2015. There is an eighteen month vesting period, which includes a four month hold period expiring on April 11, 2011.
This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Company's periodic reports including the annual report or in the filings made by the Company from time to time with securities regulations. The Company undertakes no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated event.
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.
For further information: For further information: