Business & Finance
Fri, July 23, 2010Thu, July 22, 2010Wed, July 21, 2010Tue, July 20, 2010Mon, July 19, 2010Sat, July 17, 2010Fri, July 16, 2010Thu, July 15, 2010Premium Exploration Announces Stock Option Grant
Published in Business and Finance on Monday, July 19th 2010 at 11:10 GMT by Market Wire
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 19, 2010) - Premium Exploration Inc. (TSX VENTURE:PEM) ("Premium" or the "Company") is pleased to announce that on June 30th, the Board of Directors approved the issuance of 3,000,000 stock options to certain directors, officers and consultants of the Company. The options are exercisable at a price of $0.36 for a period of five years.
Premium also announces the resignation of Barney G. L. Portillo from its Board of Directors. "We would like to thank Mr. Portillo for his years of service to Premium's shareholders, and wish him much success in his future endeavours", stated Del Steiner, President.
About Premium Exploration Inc.
Premium Exploration Inc. (TSX VENTURE:PEM) explores and develops North American gold, silver, Platinum and Palladium. Our team is committed to unlocking mineral wealth for our shareholders by discovering, developing, and permitting precious metals assets to production. The Company's portfolio includes one of the largest land packages in Idaho which includes an NI 43-101 gold resource, as well as a PGM exploration project in Montana. For additional information, please visit us at www.premiumexploration.com.
This press release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Security Exchange Act of 1934, and involves a number of risks and uncertainties. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX Venture Exchange and the British Columbia Securities Commission. All statements, other than of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.
Neither the 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.
