Business
African Aura Mining Inc. - GRANT OF STOCK OPTIONS
Jan. 11, 2011 (Canada NewsWire Group) -- TSX-V: AUR AIM: AAAM LONDON, UK, Jan. 11 /...
About this update from Affinity Metals Corp
[{"type":"text","content":"\n\n\n\n Jan. 11, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTSX-V: AUR\nAIM: AAAM\n\n\nLONDON, UK, Jan. 11 /CNW/ - The Board of African Aura Mining Inc\n ("African Aura" or the "Company") announces that, pursuant to its Stock\n Option Plan, it has granted incentive stock options to certain\n directors and employees of the Company. The share options were granted\n over a total of 2,285,000 common shares, representing approximately\n 2.7% of the issued share capital of the Company at an exercise price of\n Cdn$2.75 per share, exercisable immediately and for a period of five\n years from 10 January 2011.\n\n\nThe allocation of stock options to directors was as follows:\n\n\n\n\n \n\n\n \n\n\nNew options issued\n\n\nTotal options held\n\n\n\n\nDavid Netherway\n\n\nChairman\n\n\n300,000\n\n\n1,055,123\n\n\n\n\nLuis da Silva\n\n\nPresident & CEO\n\n\n400,000\n\n\n1,157,500\n\n\n\n\nSteven Poulton\n\n\nDirector\n\n\n225,000\n\n\n782,937\n\n\n\n\nDavid Evans\n\n\nDirector\n\n\n150,000\n\n\n762,500\n\n\n\n\nGuy Pas\n\n\nDirector\n\n\n150,000\n\n\n706,250\n\n\n\n\nBoris Granovsky\n\n\nDirector\n\n\n150,000\n\n\n300,000\n\n\n\n\nDavid Reading\n\n\nDirector\n\n\n150,000\n\n\n350,000\n\n\n\n\nThese options were issued for nil consideration.\n\n\nAbout African Aura Mining Inc.\nAfrican Aura is an established exploration and development company\n listed on the TSX-V (AUR) and London's AIM (AAAM). The Company operates\n two divisions, namely: iron ore a...