African Queen Mines Ltd. Queen Grants Stock Options
28.05.2013 | The Newswire
Vancouver, British Columbia - May 28th, 2013 -- African Queen Mines Ltd. (the "Company") announces that it has granted, subject to any necessary regulatory approvals, incentive stock options to purchase up to 50,000 shares of its Common Stock to Ms. Carrie Howes, the Company's Corporate Communications Representative. The options are exercisable for a term of three years at a price of CAD $0.10 per share.About African Queen
The Company is an exploratory resource company with diversified mineral properties in East and West Africa. It is exploring its properties in Ghana and Kenya for gold and other metals. In Ghana it has 30.23 sq. km. under license for gold under an agreement with another company. In Kenya it has approximately 850 sq. km. under license for gold and metals, and a further 737 sq. km. of gold and other minerals licenses under agreements with two other companies. The Company's operations in Ghana are carried out through its subsidiary AQ Ghana Gold Limited. Its operations in Kenya are carried out through its operating subsidiary AQ Kenya Gold Limited. The Company has its executive offices in Vancouver, Canada. The Company was incorporated under the laws of the Province of British Columbia, Canada on April 30, 2008, and received certain southern African assets in a spin off transaction related to the acquisition of Pan African Mining Corp. by Asia Thai Mining Co., Ltd.
ON BEHALF OF THE BOARD OF DIRECTORS OF AFRICAN QUEEN MINES, LTD.
"Irwin Olian"
Chairman & CEO
For more information, contact:
|Irwin Olian, President and CEO |Carrie Howes, Corporate |
|E-mail: |Communications Email: |
|tigertail@africanqueenmines.com |carrie@africanqueenmines.com |
|Phone: (604) 899-0100 Fax: (604)|Phone: Germany - +49 (0) 21141|
|899-0200 |740411 ? ? U.K. - +44 (0) 870 |
| |490 5443
|
| |Canada - +1 416 900 3634 ? |
| |?Dubai - +971 55 997 0427 |
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of the information contained herein. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.
