Adex Grants Options to Directors, Officers and Certain Employees and Consultants
February 04 2010 - 4:39PM
Marketwired
Adex Mining Inc. ("Adex" or the "Company") (TSX VENTURE: ADE) is
pleased to announce that the board of directors today granted an
aggregate of 1,750,000 stock options of the Company (the "Options")
to its directors and officers and to certain employees and
consultants of the Company.
Each Option entitles the holder to acquire one common share of
the Company at a price of $0.15. The Options, which vest quarterly
over a period of twelve months, expire on February 3, 2015.
ABOUT ADEX:
Adex Mining Inc. is focused on developing its flagship Mount
Pleasant Mine Property, a multi-metal project that is host to
promising tungsten-molybdenum and tin-indium-zinc-copper
mineralization. Located in Charlotte County, New Brunswick, Mount
Pleasant is situated approximately 80 kilometres south of
Fredericton, the provincial capital, and is 65 kilometres from the
United States border. The common shares of Adex trade on the TSX
Venture Exchange under the stock symbol "ADE".
No securities commission or regulatory authority has approved or
disapproved the contents of this press release.
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: Adex Mining Inc. J. Errol Farr President and CEO,
Director 1-866-508-2339 (ADEX) investorrelations@adexmining.com
www.adexmining.com
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