Mindoro Issues Incentive Options to Senior Staff

Mindoro Resources Ltd (TSXV:MIO,ASX:MDO,FRA:WKN 906167) reports its senior staff in Australia and the Philippines have been issued incentive options.

The press release is quoted as saying,

In addition, the Company has initiated a Market Liquidity Program (more commonly known as market-making) on TSX Venture Exchange in a manner consistent with TSX-V requirements, as part of investor relations’ services provided by CHF Investor Relations. Retained by Mindoro in October, 2010, CHF Investor Relations has offered its clients market-making since 2002. Subject to TSX Venture Exchange approval, fees paid to CHF will increase, accordingly, to C$7,500 per month while all other terms of their IR agreement remain unchanged

For the complete press release, click here.