Mindoro Issues Incentive Stock Options

- March 17th, 2010

Mindoro Resources Ltd. (TSX VENTURE:MIO); (FRANKFURT:WKN 906167) reported that incentive stock options have been granted to directors and officers of the Company to purchase 1,450,000 common shares at an exercise price of $0.19 per share for a five year term.

Mindoro Resources Ltd. (TSX VENTURE:MIO); (FRANKFURT:WKN 906167) reported that incentive stock options have been granted to directors and officers of the Company to purchase 1,450,000 common shares at an exercise price of $0.19 per share for a five year term.

The press release is quoted as saying:

The grant of incentive stock options provides long term incentive to the Company’s key personnel and further ensures that the interests of the Company’s personnel are aligned with the interests of the Company’s shareholders. All grants are subject to regulatory approval.

Click here to access the entire press release

Click here to access Mindoro Resources  Corporate Site

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