Issue of Stock Options

 

TIDMMOE 
 
RNS Number : 3960S 
Moto Goldmines Limited 
18 May 2009 
 

 
 
 
 
 
 
 
 
 
 
 
 
"Not for dissemination in the United States or through any US newswire service" 
 
 
NEWS RELEASE 
 
 
FOR IMMEDIATE RELEASE 
                             TSX Code - MGL 
MAY 18, 2009  AIM Code - MOE 
 
 
MOTO GOLDMINES - STOCK OPTIONS GRANTED TO CHAIRMAN 
 
 
PERTH, WESTERN AUSTRALIA -Moto Goldmines Limited (the "Company") announces the 
grant of 133,950 stock options (the "Options") to Samuel Esson Jonah, KBE, as of 
May 15, 2009. The Options were granted pursuant to the terms of his engagement 
as a director and Chairman of the Company and pursuant to the Company's Stock 
Option Plan. 
Each Option entitles Mr. Jonah to purchase one Common Share in the Company at an 
exercise price of C$2.83 per share. The Options will expire six years from the 
date of grant and will vest as set out below: 
 
 
+-------------------+-------------+-------------+ 
|Number of Options  |  Vesting    |Expiry Date  | 
|                   |    Date     |             | 
+-------------------+-------------+-------------+ 
|      44,650       |  May 15,    |  May 15,    | 
|                   |    2009     |    2015     | 
+-------------------+-------------+-------------+ 
|      44,650       |  May 15,    |  May 15,    | 
|                   |    2010     |    2015     | 
+-------------------+-------------+-------------+ 
|      44,650       |  May 15,    |  May 15,    | 
|                   |    2011     |    2015     | 
+-------------------+-------------+-------------+ 
 
 
Prior to this grant of options, Mr. Jonah held options to acquire 
5,085,100 Common Shares of the Company (at exercise prices ranging from C$2.60 
to C$7.65). He now has a total entitlement of options to acquire an aggregate of 
5,219,050 Common Shares. Mr. Jonah also holds 2,717,874 Common Shares of the 
Company. 
 
 
For further information in respect of the Company's activities, please contact: 
 
 
+-----------------------------------------+--------------------------------------+ 
| Andrew Dinning                          | Mark Arnesen                         | 
+-----------------------------------------+--------------------------------------+ 
| President and Chief Operating Officer   | Financial Director and Chief         | 
| Tel: [phone]                    | Financial Officer                    | 
| Email:  [e-mail]      | Tel: [phone]                 | 
|                                         | Email: [e-mail]    | 
+-----------------------------------------+--------------------------------------+ 
Moto Goldmines Limited website: www.motogoldmines.com 
+-----------------------------------------+-----------------------------------------+ 
| Nominated advisor for the purposes of   | RFC Corporate Finance Ltd               | 
| AIM:                                    | Steve Allen                             | 
|                                         | Tel: [phone]                    | 
|                                         | Email: [e-mail]           | 
+-----------------------------------------+-----------------------------------------+ 
| AIM Broker                              | GMP Securities Europe LLP               | 
|                                         | James Hannon                            | 
|                                         | Tel: [phone]                   | 
|                                         | Email: [e-mail]       | 
+-----------------------------------------+-----------------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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