TORONTO, ONTARIO--(Marketwire - June 9, 2011) - Minsud Resources Corp. (TSX VENTURE:MSR) ("Minsud" or the "Company") today announced that it has granted an aggregate of 3,360,000 incentive share options under the Company's share option plan, including an aggregate of 2,750,000 options issued to Minsud directors and officers. The options are exercisable at $0.40 per share, all of which options shall vest one-quarter (1/4) on June 9, 2011, one-quarter (1/4) on December 9, 2011, one-quarter (1/4) on June 9, 2012 and one-quarter (1/4) on December 9, 2012, and shall be exercisable for a term of five years, pursuant to the Corporation's stock option plan.
About Minsud Resources Corp.:
Minsud is a mineral exploration company focused on exploring its flagship Chita Valley project, primarily for gold, silver and copper in San Juan Province, Argentina.
Additionally, holds a portfolio of approximately 75,000 ha of 100% owned exploration properties in Patagonia. Most of the key properties held by the Company are located in mining friendly provinces of San Juan and Santa Cruz, Argentina.
Neither the 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 or accuracy of this release.
Contact Information:
Carlos Massa
President and Chief Executive Officer
+54-11-4328-4067
cmassa@minsud.com.ar