Hornby Bay Mineral Exploration - Announces Grant of Stock Options
26.10.2012 | Marketwire
TORONTO, Oct. 26, 2012 - Hornby Bay Mineral Exploration Ltd. (the "Company") (TSX VENTURE:HBE) announces that it has granted an aggregate of 2,000,000 options to purchase common shares of the Company exercisable at a price of $0.10 per share for a period of 3 years to directors, officers, consultants and employees of the Company. The common shares issuable upon exercise of the options are subject to a four month hold period from the original date of grant.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, receipt of property titles, 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 statements.
Shares Outstanding: 56,785,150
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
Hornby Bay Mineral Exploration Ltd.
Maurice Colson, President and CEO
(416) 727-3966
www.hornbybay.com