Alexander Nubia International Inc. Announces Option Grants
Toronto, Ontario CANADA, August 17, 2011 /FSC/ - Alexander Nubia International Inc. (AAN - TSX Venture), ("AAN" or the "Company") announces the grant under its approved stock option plan of stock options to certain officers, employees and consultants of the Company. Options to purchase up to 1,109,000 common shares were granted at an exercise price of $0.20 per share. The options shall expire on August 16, 2016.
About Alexander Nubia International Inc.:
The Company is a Canadian exploration and development Company focused on the exploration of precious and base metals minerals in the Eastern Desert in Egypt. The Company holds two exploration concessions: Abu Marawat and Fatiri which covers a combined total area of 2,772.50 km2.The Abu Marawat concession includes the Abu Marawat, Hamama and Semna Projects. The Company is currently focused on the exploration of its 100% owned Abu Marawat project from which recent drilling carried out by the Company has confirmed the presence of precious and base metals mineralization.
For more information on the Company please visit our web site at www.alexandernubia.com or contact:
A. Alexander Massoud
President Chief Executive Officer
Egypt: +2 (0) 22 287 6914
Canada: +1 (877) 607-4747
Email: amassoud@alexandernubia.com
Donald M. Cameron, CA
Chief Financial Officer
Canada: +1 (877) 607-4747
Email: dcameron@alexandernubia.com
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.
Certain information in this press release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Company. Additional information identifying risks and uncertainties is contained in the Company's filings with the Canadian securities regulators, which filings are available at www.sedar.com.
To view this release as a web page, please click on the following link:
http://www.usetdas.com/pr/alexnubia08172011.htm
Source: Alexander Nubia International Inc. (TSX.V - AAN) http://www.alexandernubia.com
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