Business
Superior Mining International Corporation announces the granting of stock options
Superior Mining International Corporation announces the granting of stock options.
About this update from Superior Mining International Corporation
[{"type":"text","content":"\n\n\n\n\nTSX-V: SUI\n\nVANCOUVER, July 26 /CNW/ - Superior Mining International Corporation,\nformerly \"Superior Mining Corporation\" (the \"Company\") is pleased to announce\nthat the Company has today agreed to grant stock options to certain Directors,\nExecutive Officers, employees and consultants of the Company (collectively,\nthe \"Optionees\") under the Company's existing and rolling Stock Option Plan\ngranting to such Optionees the collective right to purchase up to an aggregate\nof 1,600,000 common shares from the treasury of the Company at an exercise\nprice of $0.34 per common share exercisable until July 26, 2011 in each such\ninstance.\nThe most recent closing price of the Company's common shares on the TSX\nVenture Exchange was $0.45.\n\nThe Company is an early stage exploration and near term producer focused\non the mining of gold deposits in the central Witwatersrand region of South\nAfrica.\n\nOn behalf of the Board of Directors of\nSuperior Mining International Corporation\n\n\"John Proust\"\n\nJohn Proust\nPresident & CEO\n\nTHIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO\nTAKES FULL RESPONSIBILITY FOR ITS CONTENTS. THE TSX VENTURE EXCHANGE\nINC. DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS\nNEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR\nTHE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE\nSECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE\nWOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE\nSECURITIES LAWS OF ANY SUCH JURISDICTION.\n\n%SEDAR: 00007879E\n\n\n","length":1663,"tagName":"div"}]