Alphamin Resources Corp.: Announces Award Of Stock Options And Sar Equivalent Shares
![Alphamin Resources Corp.: Announces Award Of Stock Options And Sar Equivalent Shares](https://www.minenportal.de/media/goldseiten-news.jpg)
The Company has also authorized the issuance of 3,500,000 SAR Equivalent Shares ("SARES") to two senior officers of the Company. The SARES are functionally equivalent to stock appreciation rights however, any entitlements are satisfied by dividend payments on the SARES. The reference price for the SARES awarded is C$0.68 and dividends shall be payable on the SARES (to the the extent that they are "in-the-money") on the first, second and third anniversaries of the date of award.
FOR MORE INFORMATION, PLEASE CONTACT:
Maritz Smith, CEO
Alphamin Resources Corp.
Tel: +230 269 4166
E-mail: msmith@alphaminresources.com
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