Business & Finance
Business and Finance
Business and Finance
Mon, December 1, 2008
Sun, November 30, 2008
Fri, November 28, 2008 
OTTAWA, ONTARIO--(Marketwire - Nov. 28, 2008) - Mazorro Resources Inc. ("Mazorro") (TSX VENTURE:MZO)(FRANKFURT:JAM) announces that the Board of Directors has authorized the granting of a total of 170,000 stock options to a new officer and a new consultant of Mazorro. Each stock option entitles the holder to subscribe for one common share of Mazorro at a price of $0.10 per share. These stock options expire on November 25, 2013 and vest over a period of 18 months in accordance with the Mazorro 2007 Stock Option Plan.
Mazorro Resources has 12.5 million shares outstanding and is a tightly held junior mining exploration company targeting gold, copper and silver deposits in the western Mexican state of Sinaloa, around the port city of Mazatlan. Mazorro is focussing on a region offering social and political stability in a country offering a favourable investment climate to foreign investors.
Some statements in this release may contain forward-looking information. These statements include, but are not limited to, statements with respect to future exploration, development and production activities and future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the time and success of future exploration, development and production activities and the timing and amount of expenditures.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
