Business
Roxmark grants stock options
TORONTO, Nov. 13 /CNW Telbec/ - Roxmark Mines Limited (TSXV - RMK) announced today that it has gr...

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[{"type":"text","content":"\n\n\n\nTORONTO, Nov. 13 /CNW Telbec/ - Roxmark Mines Limited (TSXV - RMK)\nannounced today that it has granted options to purchase a total of 1,600,000\ncommon shares of Roxmark to certain members of its management and employee\nteam in accordance with its stock option plan.\n\n\nThe options are exercisable at a price of $0.10 which is above the\ncurrent share price of $0.07. The grant is for five years expiring on November\n7, 2013.\n\n\nAbout Roxmark Mines\n\n\nRoxmark Mines Limited is the leader in gold and molybdenum exploration\nand development in the historically significant Geraldton-Beardmore area of\nNorthwest Ontario. In the last several years, Roxmark has generated cash flow\nfrom bulk-sampled gold and molybdenum processed at its fully-permitted mill\nand has the advantage of infrastructure from six formerly highly productive\ngold mines located on its properties. These mines previously produced nearly\ntwo million ounces of gold from high grade ore but were closed primarily due\nto dramatically lower gold prices at the time and to boundary issues, since\neliminated.\n\n\nFurther information is available on the Company's website at\nwww.roxmark.com and on SEDAR under the Company's profile at www.sedar.com.\n\n\nForward-Looking Statements\n\n\nThis news release includes certain "forward-looking statements". Such\nforward-looking statements involve risks and uncertainties. The results or\nevents predicted in these forward-looking statements may differ materially\nfrom actual results or events. Any forward-looking statement speaks only as of\nthe date of this news release and, except as may be required by applicable\nsecurities laws, the Company disclaims any intent or obligation to update any\nforward-looking statement, whether as a result of new information, future\nevents or results or otherwise.\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\n\n\nresponsibility for the adequacy or accuracy of the content of this news\n\n\nrelease.\n\n\n","length":2071,"tagName":"div"}]