St. Elias Mines Ltd. - Grants Stock Options
(via Thenewswire.ca)
Vancouver, B.C. June 29, 2011 Lori McClenahan, President, St. Elias Mines Ltd. (SLI - TSX:V) announces that pursuant to the Company's Stock Option Plan, the Company will grant incentive stock options to directors, officers, and consultants of the Company to purchase an aggregate 3,000,000 shares in the capital of the Company at an exercise price of $2.01 per share for a period of two years.
For additional information on St. Elias and its projects, please visit us at www.steliasmines.com or call
1-888-895-5522 (toll free US and Canada) or contact:
European Consultant U.S. Investor Relations Consultant
Michael Kott Herbert Haft
CM-Equity AG & Co. KG Financial Service The Haft Group, Inc.
Tel: 011 4989 1890 474 0 Tel: (212) 759-8865
Email: kott@cm-equity.de Email: herbhaft@haftgroupinc.com
herbhaft@aol.com
ST. ELIAS MINES LTD.
(signed "Lori McClenahan")
Lori McClenahan,
President
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this document.
This News Release may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statement.
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