TSX-V
IG.V
0,01 CA$
-50,00%
Grants Stock Options
Publié le 23 juin 2009
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Re: News - Friday, June 19, 2009
Infinito Gold Grants Stock Options
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Infinito Gold Ltd. ("the Company") announces that it has granted
incentive options under its Stock Option Plan to directors, officers,
employees and consultants entitling them to purchase up to 3,810,000
shares in its capital. Directors and officers received 2,800,000 of
the incentive options and employees and consultants received 1,010,000.
The shares are exercisable on or before June 18, 2014 at a price of
$0.18 per share. All of the options vest upon grant except for a total
of 800,000 of the options granted to the Chairman, President and the
Vice President of Operations. These options vest in two tranches upon
the achievement of milestones within certain timeframes; the first
tranche of 400,000 options vest upon re-commencement of full scale mine
construction, and the second tranche of 400,000 options vest upon the
Company producing 40,000 ounces of commercial gold production from the
Company's Crucitas gold property located in Costa Rica.
"John Morgan"
John Morgan, President
INFINITO GOLD LTD.
"The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release."
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Copyright (c) 2009 INFINITO GOLD LTD. (IG) All rights reserved. For
more information visit our website at http://www.infinitogold.com/ or
send mailto:info@infinitogold.com
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