Grant of Stock Options
12 Gennaio 2010 - 10:00AM
UK Regulatory
TIDMAAAM
RNS Number : 3923F
African Aura Mining Inc.
12 January 2010
NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US NEWS WIRE
SERVICES.
12 January 2010
? African Aura Mining Inc
TSX-V: AUR
AIM: AAAM
Grant of Stock Options
The Board of African Aura Mining Inc ("African Aura" or the "Company") announces
that, pursuant to its Stock Option Plan, it has granted incentive stock options
to certain directors and employees of the Company. The share options were
granted over a total of 1,208,750 common shares, representing approximately 2.3%
of the issued share capital of the Company at an exercise price of Cdn$1.22 per
share, exercisable immediately and for a period of five years from 8 January
2010.
The allocation of stock options to directors was as follows:
+-----------+-----------+---------+---------+
| | | New | Total |
| | |options |options |
| | | issued | held |
+-----------+-----------+---------+---------+
| David | Chairman |300,000 |555,123 |
| Netherway | | | |
+-----------+-----------+---------+---------+
| Luis | President |220,000 |557,500 |
| da | & CEO | | |
| Silva | | | |
+-----------+-----------+---------+---------+
| Guy | Director |125,000 |468,750 |
| Pas | | | |
+-----------+-----------+---------+---------+
| David | Director |125,000 |462,500 |
| Evans | | | |
+-----------+-----------+---------+---------+
| Steven | Director |150,000 |357,938 |
| Poulton | | | |
+-----------+-----------+---------+---------+
These options were issued for nil consideration.
About African Aura Mining Inc.
African Aura is an established African exploration and development company
listed on the TSX-V (AUR) and London's AIM (AAAM). African Aura is focused on
the development of world-class iron ore and gold deposits in highly prospective,
under explored countries of sub-Saharan Africa. The Company has a highly
motivated and experienced team with a record of discovering mines and taking
projects through development and into production in African.
African Aura's assets include the New Liberty gold deposit and the Putu iron ore
project, both in Liberia, as well as a 59% interest in diamond producer Stellar
Diamonds Ltd. A pioneer in Africa, African Aura has attracted some excellent
strategic partners and shareholders always with the objective of preserving or
enhancing shareholder value. For further information on the Company you are
invited to visit its website at www.african-aura.com, or SEDAR's website at
www.sedar.com, or contact one of the following:
African Aura Mining Inc.
Luis da Silva, President & CEO Tel: +44 (0) 20 7299 4212
Evolution Securities Limited
Simon Edwards / Chris Sim / Neil Elliot Tel: +44 (0) 20 7071 4300
Pelham Public Relations
Charles Vivian / James MacFarlane Tel: +44 (0) 20 7337 1500
This information is provided by RNS
The company news service from the London Stock Exchange
END
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