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Eurotin Inc. Announces Grant of Stock Options

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November 08, 2011 10:42 ET

Eurotin Inc. Announces Grant of Stock Options

TORONTO, ONTARIO--(Marketwire - Nov. 8, 2011) - Eurotin Inc. (TSX VENTURE:TIN) ("Eurotin" or the "Company") is pleased to announce that on November 3, 2011 the board of directors of the Company agreed to grant 400,000 incentive stock options to Carlos Pinglo, who is the Chief Financial Officer and Corporate Secretary of the Company.

Each option entitles the holder thereof to purchase one common share at an exercise price of $0.35, representing the closing price of Eurotin's common shares on the TSX Venture Exchange on November 2, 2011, in accordance with the terms of the Company's stock option plan. The options are exercisable for up to 5 years from the date of grant.

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.