Dynasty Grants Incentive Stock Options
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Sat, 07 Nov 2009 00:30:06 GMT |
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Dynasty Metals & Mining Inc. |
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VANCOUVER, BRITISH COLUMBIA -- 11/06/09 --
Dynasty Metals & Mining Inc. (TSX: DMM) (the "Company") announces that it has granted incentive stock options to directors, officers, employees and consultants of the Company and its subsidiaries, to purchase up to an aggregate of 985,000 common shares of the Company. The options are exercisable for a period of five years at a price of $5.45 per share. The options were granted under and are subject to the terms and conditions of the Company's July 15, 2003 Stock Option Plan, as amended.
About Dynasty Metals & Mining
Dynasty Metals & Mining Inc. is a Canadian based mining company involved in the exploration and development of mineral properties in Ecuador.
The Company has the producing Zaruma Gold Project, the first large scale modern mine and processing facility in Ecuador. In addition, the Company has the advanced-stage Jerusalem Project, and a highly prospective exploration project, the Dynasty Copper-Gold Belt, which includes the Dynasty Goldfield.
Dynasty Metals & Mining Inc.
Robert Washer, President and CEO
For further information please visit the Company's website at www.dynastymining.com.
Contacts:
Dynasty Metals & Mining Inc.
Murray Oliver
604-687-0888
info@dynastymining.com
www.dynastymining.com
Brisco Capital Partners
Gordon Aldcorn
403-262-9888
Gordon@briscocapital.com
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