CORRECTION FROM SOURCE: Milner Announces Grant of New Stock Options Under Existing Plan
May 04 2009 - 8:49PM
Marketwired
A correction from source is being issued with respect to the
release sent out today, May 4, 2009 at 11:59 AM. The exercise price
and market price were incorrect. The corrected version follows.
MILNER CONSOLIDATED SILVER MINES LTD. (Milner) (TSX VENTURE:
MCA) announces that options to acquire a total of 111,000 common
shares of Milner at an exercise price of $0.13 per share expiring
on May 3, 2014 have been granted to three directors of the Company
who are not also officers. Options of 37,000 common shares have
been granted to each director. The market price at close of
previous day was $0.13. The grant of this option is in accordance
with the existing stock option plan. The stock options are for a
term of five years and vest immediately.
The grant of the incentive stock options is subject to
regulatory approval.
Milner Consolidated Silver Mines Ltd. is a junior resource
company, quoted for trading on the TSX Venture Exchange under the
symbol MCA. There are currently 7,438,506 shares issued and
outstanding in Milner Consolidated Silver Mines Ltd.
On Behalf of the Board,
D.J. Bazinet, President
Shares Outstanding: 7,438,506
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Milner Consolidated Silver Mines Ltd. Deborah Bazinet
705-533-3430
Milner Consolidated Silver (TSXV:MCA)
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