China Minerals Grants Stock Options and Provides Project Update
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/14/12 -- China Minerals Mining Corporation ("China Minerals" or the "Company") (TSX VENTURE: CMV)(PINKSHEETS: HWTHF) advises that it has granted incentive stock options to certain directors, officers, employees and consultants of the Company to purchase up to 1,810,000 common shares in the capital of the Company (the "Shares") pursuant to an approved share option plan. The options are exercisable on or before June 14, 2017 at an exercise price of $0.10 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.
The Company also advises that drilling as announced in the news release of April 17, 2012 will begin with the first drill on June 15, Friday this week and the second drill a week later. The Company will provide updates as the drill program progresses.
About China Minerals Mining Corporation
China Minerals Mining Corporation is a Vancouver based exploration and development company with offices located in both Vancouver and Beijing. China Minerals Mining Corporation's ambition is to build an international mining company with an appropriate portfolio.
ON BEHALF OF THE BOARD OF DIRECTORS
David Bo, Executive Chairman
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
David Bo
604.629.1505 or Toll Free: 888.629.1505
604.629.0923 (FAX)
www.chinamineralsmining.com