Owner
Post by Franko10 ™ on Nov 3, 2004 14:21:29 GMT -5
Mon Nov 1, 2004
Morgain Grants Options to Purchase 900,000 Shares
Vancouver, B.C., November 1, 2004 - Morgain Minerals Inc. (TSX-V: MGM) announces the grant of stock options to a director and a consultant to purchase up to an aggregate of 900,000 common shares in the capital of the Company at a price of $0.31 per share exercisable for a five year period.
The options were granted under the Company's 2004 rolling option plan. As at the date hereof, 4,410,000 options are outstanding and 1,098,769 options remain available for issuance under the plan.
Morgain Minerals is a resource exploration company with a number of precious and base metal properties in Mexico. Its corporate strategy is to explore and develop properties with known resources that can be further explored to a production status. Visit our website at www.morgainminerals.com for the latest corporate information.
For further information, please contact:
Chester F. Millar - President and CEO
(604) 643-1727
The TSX has neither approved nor disapproved of the information contained herein.
Morgain Grants Options to Purchase 900,000 Shares
Vancouver, B.C., November 1, 2004 - Morgain Minerals Inc. (TSX-V: MGM) announces the grant of stock options to a director and a consultant to purchase up to an aggregate of 900,000 common shares in the capital of the Company at a price of $0.31 per share exercisable for a five year period.
The options were granted under the Company's 2004 rolling option plan. As at the date hereof, 4,410,000 options are outstanding and 1,098,769 options remain available for issuance under the plan.
Morgain Minerals is a resource exploration company with a number of precious and base metal properties in Mexico. Its corporate strategy is to explore and develop properties with known resources that can be further explored to a production status. Visit our website at www.morgainminerals.com for the latest corporate information.
For further information, please contact:
Chester F. Millar - President and CEO
(604) 643-1727
The TSX has neither approved nor disapproved of the information contained herein.
