MBMI Grants Stock Options

- June 16th, 2010

MBMI RESOURCES INC. (TSX VENTURE:MBR) announced that, in accordance with the Company’s Stock Option Plan, it has granted to certain directors, officers, employees, and consultants, incentive stock options to purchase up to an aggregate of 2,300,000 common shares exercisable on or before June 2015 at a price of $0.26 per share.

MBMI RESOURCES INC. (TSX VENTURE:MBR) announced that, in accordance with the Company’s Stock Option Plan, it has granted to certain directors, officers, employees, and consultants, incentive stock options to purchase up to an aggregate of 2,300,000 common shares exercisable on or before June 2015 at a price of $0.26 per share.

The news is quoted saying:

MBMI Resources Inc. is a Canadian-based mining company focused on the exploration and development of nickel mineral properties in the Philippines. MBMI and its Philippine partners have an interest in nine nickel laterite projects in the Philippines, covering an area greater than 22,000 hectares.

Click here to access the entire press release

Click here to access MBMI Resources Inc. Corporate Site

Leave a Reply