Mineral Hill grants options to buy 1.9 million shares

2010-11-05 16:47 ET - Options Proposed

Mr. John Punzo reports

MINERAL HILL ANNOUNCES GRANT OF INCENTIVE STOCK OPTIONS

Mineral Hill Industries Ltd. has granted a total of 1.9 million incentive stock options to its officers, directors and employees at an exercise price of 10 cents per share. These options are granted for a three-year period and the grant is subject to vesting provisions.

I have taken half off the table a couple of months ago but still have a good position in MHI and plan on adding more as there are NRs coming our way before the year end.