Duran Ventures Announces Stock Option Grants
TORONTO, ONTARIO -- (Marketwire) -- 01/11/12 -- Duran Ventures Inc. (TSX VENTURE: DRV) ('Duran' or the 'Company') announces that a total of 1,200,000 options to purchase common shares of the Company have been granted to a director, employees, and consultants at an exercise price of $0.24 per share, expiring on January 10, 2017. The grant is subject to regulatory approval.
Duran is a Canadian exploration company focused on the exploration and development of porphyry copper, precious metal, and polymetallic deposits in Peru. The Company's principal project is the Aguila Copper-Molybdenum Porphyry Project located in Northern Peru.
Duran Ventures Inc. is a Canadian resource company listed on the TSX Venture Exchange: Symbol 'DRV'.
Disclosure Regarding Forward-Looking Statements: This press release contains certain 'Forward-Looking Statements' within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Corporation's expectations are disclosed in the Corporation's documents filed from time to time with the TSX Venture Exchange and, among others, the Ontario Securities Commission as well as under the heading 'Risk Factors' in the Company's annual and interim Management Discussion and Analysis.
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.
Contacts:
Duran Ventures Inc.
Jeffrey Reeder
(416) 867-1591
Duran Ventures Inc.
Dan Hamilton
(416) 867-1591
info@duranventuresinc.com
www.duranventuresinc.com
