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Roxmark Mines Limited - Stock Option Grants
TORONTO, Feb. 6 /CNW Telbec/ - Roxmark Mines Limited (TSXV - RMK) wishes to announce that it has ...
About this update from Atlas Salt Inc
[{"type":"text","content":"\n\n\n\nTORONTO, Feb. 6 /CNW Telbec/ - Roxmark Mines Limited (TSXV - RMK) wishes\nto announce that it has come to its attention that the number of options\nreported to have been granted in its news release dated November 13, 2008 is\nincorrect. Roxmark then announced that an aggregate of 1,600,000 options had\nbeen granted to certain members of management and employees. In fact only\n300,000 options were granted to employees and no options were granted to\nmembers of management at that time. As disclosed in the November 13 news\nrelease, each of the 300,000 options are exercisable during a five-year period\n(expiring on November 7, 2013) at a price of $0.10 per common share (being\nabove the then current market price of $0.07).\n\n\nIn addition, an aggregate of 1,100,000 options were granted to certain\nSenior Officers and to a member of Board of Directors on January 8, 2009. Each\nof the 1,100,000 options are exercisable during a five-year period (expiring\non January 8, 2014) at a price of $0.10 per common share (priced above the\nthen current market price of $0.075).\n\n\nThe aggregate number of options granted on November 13, 2008 and January\n8, 2009 is less than reported in the November 13 news release and all such\noptions were granted on the same terms as disclosed in the November 13 news\nrelease.\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 stateme...