Nov. 6, 2009 (TheNewswire.ca) --
Vancouver, B.C., November 6, 2009; Pinnacle Mines Ltd. (TSXV:PNL) (TSX-V: PNL, "Pinnacle") announces that it will issue 8,000,000 director stock options at an exercise price of $0.14 per share. The options will have a five year term and expire on November 6, 2014 or 90 days after the optionee ceases to be employed or involved in their capacity with the Company, whichever occurs first. All of the aforementioned options, if exercised prior to midnight March 6, 2010, will be subject to a hold period in accordance with regulatory requirements.
For further information about this news release contact Lawrence Dick at 604-688-9588 or visit Pinnacle's website at www.pinnaclemines.com for further information.
On Behalf of the Board:
Lawrence A. Dick, Ph.D., P.Geo
President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
Copyright (c) 2009 Thenewswire.ca - All rights reserved.
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