VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/12/11 — Mill Bay Ventures Inc. (TSX VENTURE: MBV)(PINK SHEETS: MLBVF)(FRANKFURT: M4K) (the „Company“) would like to announce that it has granted incentive stock options for the purchase of up to 1,740,000 common shares, at a price of $0.15 per share, to certain directors, employees and consultants of the Company. The stock options are exercisable on or before October 6, 2016. This grant is made pursuant to the Company-s stock option plan.
For further information please contact Darryl Glasier at e-mail:
ON BEHALF OF THE BOARD
William Glasier, President
Last Trading Price: $0.10
Shares issued: 20,246,539
This release contains statements that are forward-looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading „Risk Factors“ and elsewhere in the Company-s periodic filings with Canadian securities regulators. Such information contained herein represents management-s best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.
The TSX Venture Exchange has not reviewed and does not accept the responsibility for the accuracy or adequacy of this release.
Contacts: Mill Bay Ventures Inc. Darryl Glasier 604-682-3701 604-682-3600 (FAX)
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