GobiMin Inc. - New Grant of Stock Options

TSX-V: GMN

TORONTO, Dec. 19, 2014 /CNW/ - (TSXV:GMN) GobiMin Inc. ("GobiMin" or the "Company") announces the recent granting of incentive stock options under the Company's Stock Option Plan to its five directors, and employees of the Company, its subsidiaries and associates subject to regulatory approval and the provisions of the Company's Stock Options Plan. 

Five directors of GobiMin, namely Messrs. Felipe Tan, Zhang Ming, Dominic Cheng, Hubert Marleau and Qiao Fugui, are granted stock options to purchase up to 800,000, 750,000, 150,000, 150,000, 150,000 common shares of GobiMin at CAD0.5 per share respectively.  All vested options shall expire on December 18, 2017.

In addition, options to acquire 375,000 common shares of the Company are also granted to the staff and management of the Company, its subsidiaries and associates at an exercise price of CAD0.5 per share.  All vested options shall expire on December 18, 2019. The options were granted pursuant to the Company's shareholder-approved stock option plan and are subject to the policies of the TSX Venture Exchange and any applicable regulatory hold periods.

"Neither 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."

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SOURCE GobiMin Inc.