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SilverCrest Mines Inc.: SilverCrest Mines Inc. Announces Grant of Stock Options

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^{Published in Business and Finance on Wednesday, July 22nd 2009 at 11:39 GMT, Last Modified on 2009-07-22 11:39:13 by Market Wire}  

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 22, 2009) - SilverCrest Mines Inc. (TSX VENTURE:SVL) (the "Company") announces the grant of stock options to directors, officers and consultants to purchase an aggregate of 925,000 common shares of the Company at an exercise price of $0.50 per share for a term of five years.

One-fourth of these stock options vest on the date of grant and a further one-fourth will vest every six months thereafter until fully vested.

The grant of the stock options is subject to any necessary approvals from the TSX Venture Exchange.

SilverCrest Mines Inc. is a "Silver Focused" exploration and development company with a portfolio of high grade silver and gold deposits and exploration properties located in Mexico and El Salvador. This property portfolio, which includes reported indicated and inferred silver resources and substantial exploration potential, provides an important base from which SilverCrest can develop its corporate objective of becoming a significant silver asset based company. The Company's immediate initiative is to acquire and develop substantial silver resources and ultimately to operate high grade silver mines throughout North, Central and South America.

J. Scott Drever, President

SILVERCREST MINES INC.

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.