Mediterranean Resources Ltd. – Grant of stock options
VANCOUVER, Dec. 6, 2012 /CNW/ – Mediterranean Resources Ltd. (TSX: MNR, Frankfurt: MHM1) (the “Company”) advises that it has granted the following: (i) an aggregate of 400,000 incentive stock options to its directors exercisable at $0.10 per share for a period of five years, vesting immediately. This will bring the total number of options outstanding to 3,990,000 (representing under 10% of the Company’s issued and outstanding common shares pursuant to the Company’s stock option plan).
Mediterranean Resources is focused on an emerging mineral region in north-eastern Turkey where it is developing two advanced exploration stage gold properties.
http://www.medresources.ca/news/2012/
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