Business
Uruguay Mineral Exploration Inc.: Stock Options Granted
Uruguay Mineral Exploration Inc.: Stock Options Granted.
About this update from Orosur Mining Inc.
[{"type":"text","content":"\n\n\n\nMONTEVIDEO, URUGUAY, October 12 /CNW/ - Uruguay Mineral Exploration Inc.\n("UME") (TSX VENTURE:UME) (LSE:UGY) announces that it has granted an aggregate\nof 104,000 stock options exercisable at a price of CDN$ 3.15 per Common Share\non or before October 9, 2012.\n\n\nRoger Davey, Non-Executive Director of UME was granted 50,000 stock\noptions, while the balance, equivalent to 54,000 stock options, was granted to\nUME employees.\n\n\nAll of these options were granted on October 10, 2007 and vest in three\nequal parts on October 9, 2008, October 9, 2009 and October 9, 2010.\n\n\nENDS\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\nresponsibility for the adequacy or accuracy of this news release.\n\n\nEditors' note: Uruguay Mineral Exploration Inc. is a gold producer and\nexploration company focused on identifying and developing mineral\nopportunities in Uruguay. UME is a fully integrated mining company, possessing\nthe skills necessary to explore and develop its discoveries. The Company\noperates the only producing gold mine in Uruguay (San Gregorio), and is also\nthe leading mineral exploration company in Uruguay having assembled an\nexploration portfolio based on gold, base metals (copper, nickel, lead, zinc)\nand diamond prospects.\n\n\nUruguay Mineral Exploration Inc. is quoted in Canada (TSXV) and London\n(AIM) and RBC Capital Markets is its Nominated Adviser and Broker.\n\n\n","length":1492,"tagName":"div"}]