APM Grants Options to Directors, Officers and Employees
2010年3月6日 - 4:47AM
Marketwired
Advanced Primary Minerals Corporation (the "Corporation" or "APM")
(TSX VENTURE: APD) announce the grant of a total of 1,670,000
options to an aggregate of 14 directors and officers and to
employees of its wholly owned subsidiary, Advanced Primary Minerals
USA Corp. Each option is exercisable for one common share of the
Corporation until March 1, 2015 at an exercise price of $0.16. All
of the options vested immediately with the exception of 295,000
options granted to certain individuals, which vest as to 65,000 on
September 1, 2010 and as to 230,000 on March 1, 2011.
About APM
APM, through its wholly owned subsidiary, Advanced Primary
Minerals USA Corp.(formerly Erdene Materials Corp.), operates a
newly constructed kaolin processing plant in Dearing, Georgia and
has been active in Georgia and South Carolina for over 10 years
exploring for, evaluating, extensively testing and securing high
quality primary kaolin resources. APM has also operated an
industrial minerals laboratory in Eatonton, Georgia since 1998. The
Corporation is targeting value added products that benefit from the
unique attributes of its high quality, primary kaolin resource.
Target markets include ceramics, paint and coatings, catalysts and
other specialty industrial applications. APM has 17,009,626 shares
issued and outstanding and a fully diluted share position of
18,708,197.
Neither 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.
Contacts: Advanced Primary Minerals Corporation Ken W. MacDonald
President and CEO 902-466-7255 info@advminerals.com
www.advminerals.com
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