Revett Minerals Begins Trading on NYSE Amex Options
SPOKANE VALLEY, WASHINGTON -- (Marketwire) -- 05/26/11 -- Revett Minerals Inc. (TSX: RVM) (NYSE Amex: RVM) is pleased to announce that it commenced trading listed options today on the NYSE Amex Options exchange. Revett Minerals options will trade in units of 100 shares per unit on a two consecutive and two successive month expiration cycle with exercise price intervals of $2.50. Effective today, the following option series are trading:
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Symbol Exercise Price Expiration
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RVM $2.50 June 18, 2011
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RVM $5.00 June 18, 2011
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RVM $7.50 June 18, 2011
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RVM $2.50 July 16, 2011
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RVM $5.00 July 16, 2011
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RVM $7.50 July 16, 2011
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RVM $2.50 August 20, 2011
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RVM $5.00 August 20, 2011
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RVM $7.50 August 20, 2011
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RVM $2.50 November 19, 2011
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RVM $5.00 November 19, 2011
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RVM $7.50 November 19, 2011
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John Shanahan, President and Chief Executive Officer stated 'We are pleased to take another step forward in supporting our recent NYSE Amex listing with financial products from NYSE Amex Options. We have appreciated the support we have received from the various exchanges and from shareholders over these recent months'
About Revett
Revett, through its subsidiaries, owns and operates the currently producing Troy Mine in Lincoln County, Montana and development-stage Rock Creek Project located in Sanders County, Montana, USA. The proven reserves at the Troy Mine and significant resources at the Rock Creek project forms the basis of our plan to become a solid mid-tier base and precious metals producer. Revett plans on expanding production through exploration in and around its current properties, as well as through targeted business combinations of advanced stage projects.
John Shanahan, President & CEO
THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES IN ANY JURISDICTION.
Contacts:
Revett Minerals Inc.
Monique Hayes
Corporate Secretary/Director of Investor Relations
(509) 921-2294
www.revettminerals.com