Oct 12th, 2012 - Sultan Minerals Inc. (TSX Venture: SUL) (the "Company") has, upon notification from the TSX Venture Exchange, revised the granted total of incentive stock options to directors, officers, employees and consultants of the Company to 6,425,000 stock options, exercisable over a five-year period expiring October 12, 2017, at a price of $0.10 per share. The stock options were issued in accordance with the Company's fixed number stock option plan approved by the Company's shareholders on June 24, 2008, and TSX Venture Exchange Policy 4.4 - Incentive Stock Options. Options granted to IR service providers are subject to vesting provisions over a 12-month period from the date of grant. This revision is made to and replaces the stock option grants announced on September 13, 2012. (Please see News Release September 13, 2012)
For further information on the Company's projects, visit www.sultanminerals.com.
Arthur G. Troup, P.Eng., Geological President and CEO
For further information please contact:
Sultan Minerals Inc. Marc Lee, Investor and Corporate Communications Tel: (604) 628-0519 Fax: (604) 628-0446 Email: mlee@sultanminerals.com or info@sultanminerals.com For further information on Sultan's projects, visit www.sultanminerals.com.
This release was prepared by Sultan's management. Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For more information on Sultan, investors should review Sultan's filings that are available at www.sedar.com or Sultan's website at www.sultanminerals.com.
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Oct 12th, 2012 - Sultan Minerals Inc. (TSX Venture: SUL) (the "Company") has, upon notification from the TSX Venture Exchange, revised the granted total of incentive stock options to directors, officers, employees and consultants of the Company to 6,425,000 stock options, exercisable over a five-year period expiring October 12, 2017, at a price of $0.10 per share. The stock options were issued in accordance with the Company's fixed number stock option plan approved by the Company's shareholders on June 24, 2008, and TSX Venture Exchange Policy 4.4 - Incentive Stock Options. Options granted to IR service providers are subject to vesting provisions over a 12-month period from the date of grant. This revision is made to and replaces the stock option grants announced on September 13, 2012. (Please see News Release September 13, 2012)
