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AMO Altan Rio Minerals Limited

0.09
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Altan Rio Minerals Limited TSXV:AMO TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.09 0.085 0.09 0 01:00:00

Altan Rio Grants Stock Options

03/02/2012 8:11pm

Marketwired Canada


The Board of Directors of Altan Rio Minerals Limited, (TSX VENTURE:AMO) ("Altan
Rio" or "the Company") has authorized the Company to grant 1,992,400 stock
options ("Options") to certain directors, officers and consultants of the
Company. The Options will: (i) vest over an 18 month period for directors with
33.3% vesting every 6 months and over a 12 month period for officers and
consultants with 25% vesting every 3 months; (ii) be exercisable to acquire one
common share of Altan Rio at CA$0.53 per share; and (iii) expire February 1st,
2017.


Options are granted subject to the terms and conditions of the Company's Stock
Option Plan (filed on SEDAR) and are subject to TSX.V approval. Options are
administered by the Board of Directors who may authorize the Company to make
allocations to eligible persons after considering their present and future
potential contributions and value to the Company.


About Altan Rio

Altan Rio explores for large-scale gold and copper projects in one of the
world's most prospective mineral regions; Mongolia. The Company is currently
exploring license holdings totaling more than 153,310 hectares. Our properties
contain significant zones of newly identified primary gold and copper
mineralization across a very large area of unexplored ground in western
Mongolia.


On behalf of Altan Rio Minerals Limited,

Evan Jones, President & CEO

This press release may contain forward looking statements including those
describing Altan Rio's future plans and the expectations of management that a
stated result or condition will occur. Any statement addressing future events or
conditions necessarily involves inherent risk and uncertainty. Actual results
can differ materially from those anticipated by management at the time of
writing due to many factors, the majority of which are beyond the control of
Altan Rio and its management.


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1 Year Altan Rio Minerals Chart

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