Virginia Grants 159,250 Stock Options
(firmenpresse) - QUEBEC CITY, QUEBEC -- (Marketwire) -- 07/15/11 -- Virginia Mines Inc. ("Virginia") (TSX: VGQ) announces that today it has granted 159,250 stock options to its directors, officers, employees and service providers.
Of this number 49,000 have been granted to its directors and officers and 110,250 have been granted to its employees and service providers. Each stock option entitles its holder to subscribe to one common share of Virginia at a price of $9.18 per share, which is higher than the July 14, 2011, closing price on the Toronto Stock Exchange. These options are valid for a 10-year period.
About Virginia
Virginia is among the most active mining exploration companies in Quebec with a working capital of $42.9 million as at May 31, 2011, and 31,223,943 shares issued and outstanding as at July 14, 2011. Virginia trades on the Toronto Stock Exchange (TSX) under the ticker symbol VGQ. Virginia concentrates its activities on its numerous properties that are spread over the vast unexplored regions of northern Quebec.
This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described from time to time in Virginia's periodic reports filed with the security commissions of British Columbia, Alberta, Ontario and Quebec, and in the annual report on Form 40-F filed with the U.S. Securities and Exchange Commission. Virginia undertakes no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated events.
Contacts:
Virginia Mines Inc.
Andre Gaumond
President
800-476-1853 or 418-694-9832
418-694-9120 (FAX)
Virginia Mines Inc.
Paul Archer
V-P Exploration
800-476-1853 or 418-694-9832
418-694-9120 (FAX)
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 15.07.2011 - 13:27 Uhr
Sprache: Deutsch
News-ID 35073
Anzahl Zeichen: 0
contact information:
Town:
QUEBEC CITY, QUEBEC
Kategorie:
Mining & Metals
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