China Minerals Announces Grant of Options
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/07/11 -- China Minerals Mining Corporation ('China Minerals' or the 'Company') (TSX VENTURE: CMV)(PINK SHEETS: HWTHF) is pleased to announce that it has granted incentive stock options to certain directors, officers, employees and consultants of the Company to purchase up to 4,260,000 common shares in the capital of the Company (the 'Shares') pursuant to an approved share option plan. The options are exercisable on or before April 7, 2016 at an exercise price of $0.16 per Share and will be vested in stages with 33% to vest every six months from the date of grant. The grant of options is subject to TSX Venture Exchange approval.
About China Minerals Mining Corporation
China Minerals Mining Corporation is a China based exploration and development company with offices located in both Beijing and Vancouver. China Minerals Mining Corporation's ambition is to build an international mining company through project acquisitions and the further development of the Table Mountain Gold Mine Project along with continued resource development at the nearby Taurus deposit in British Columbia.
ON BEHALF OF THE BOARD OF DIRECTORS
Dr. Shijia Tang, Chief Executive Officer
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 of accuracy of this release.
Contacts:
China Minerals Mining Corporation
Robert Ferguson
Toll Free: 1-888-629-1505 or (604) 629-1505
China Minerals Mining Corporation
Jaclyn Ruptash
Toll Free: 1-888-629-1505 or (604) 629-1505
(604) 629-0923 (FAX)
www.chinamineralsmining.com