Mazarin Inc.: Announcement

Dezember 04 14:33 2012

THETFORD MINES, QUEBEC — (Marketwire) — 12/04/12 — At a regularly scheduled meeting held on November 22, 2012, the Board of Directors of Mazarin Inc. (the „Corporation“) (TSX VENTURE: MAZ.H)(NEX: MAZ) has decided to grant to officers and directors a total of 1,450,000 options to purchase common shares of the Corporation at a price of $0.02, being the closing price of the common shares of the Corporation on NEX on November 21, 2012, in accordance with the terms and conditions of the Stock Option Plan of the Corporation, approved by its shareholders. The Corporation has received notice from the TSX Venture Exchange that the minimum exercise price for incentive stock options is $0.10 per share. At a meeting held on December 3, 2012, the Board of Directors of the Corporation increased from $0.02 to $0.10 per share the exercise price for the 1,450,000 options to purchase common shares.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contacts:
John LeBoutillier
President
(418) 338-5195
(418) 338-6069 (FAX)

  Article "tagged" as:
  Categories:
view more articles

About Article Author

write a comment

0 Comments

No Comments Yet!

You can be the one to start a conversation.

Only registered users can comment.