Aura Silver Grants Stock Options
July 05 2011 - 3:00PM
Marketwired
Aura Silver Resources Inc. (TSX VENTURE: AUU) ("Aura Silver" or the
"Company) announces that it has granted stock options for a total
of 2,400,000 common shares of the Company to officers, directors
and consultants of the Company. These stock options are exercisable
at $0.23 per stock option and expire on July 1, 2016. These stock
options vest over an eighteen month period following the grant
date.
This stock option grant is subject to acceptance by the TSX
Venture Exchange.
About Aura Silver
Aura Silver is a TSX Venture listed company engaged in the
acquisition, exploration and development of precious metal
prospects in Canada (100% owned Greyhound project) and in Oaxaca,
Mexico at the Taviche project. Aura Silver has 87,853,590 common
shares outstanding.
FORWARD-LOOKING STATEMENTS
This press release may contain forward looking statements that
are made as of the date hereof and are based on current
expectations, forecasts and assumptions which involve risks and
uncertainties associated with our business including the
uncertainty as to whether further exploration will result in the
target(s) being delineated as a mineral resource, capital
expenditures, operating costs, mineral resources, recovery rates,
grades and prices, estimated goals, expansion and growth of the
business and operations, the private placement financing activities
of the Company, plans and references to the Company's future
successes with its business and the economic environment in which
the business operates. All such statements are made pursuant to the
'safe harbour' provisions of, and are intended to be
forward-looking statements under, applicable Canadian securities
legislation. Any statements contained herein that are statements of
historical facts may be deemed to be forward-looking statements. By
their nature, forward-looking statements require us to make
assumptions and are subject to inherent risks and uncertainties. We
caution readers of this news release not to place undue reliance on
our forward-looking statements as a number of factors could cause
actual results or conditions to differ materially from current
expectations. Please refer to the risks set forth in the Company's
most recent annual MD&A and the Company's continuous disclosure
documents that can be found on SEDAR at www.sedar.com. Aura Silver
does not intend, and disclaims any obligation, except as required
by law, to update or revise any forward-looking statements whether
as a result of new information, future events or otherwise.
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.
Contacts: Robert Boaz President and CEO (905) 403-8010
boaz@aurasilver.com www.aurasilver.com
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