TORONTO, ONTARIO--(Marketwire - May 14, 2012) - Angus Mining (Namibia) Inc. (TSX VENTURE:ANA) ("Angus" or the "Company") is pleased to announce that its Board of Directors has granted stock options exercisable for 200,000 common shares to Brian Morales, the Company's Chief Financial Officer as well as stock options exercisable for 30,000 common shares to a consultant of the Company.
The stock options were granted under Angus' Stock Option Plan at an exercise price of $0.25 per common share. Each stock option entitles the holder to purchase one common share for a period of five years.
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 OR ACCURACY OF THIS RELEASE.
Contact Information:
Fraser Buchan
President and CEO
(416) 640-1933
fbuchan@83yonge.com