VAL D'OR, QUEBEC - (Oct. 9, 2009) - Hinterland Metals Inc. (TSX VENTURE:HMI) announces that it has granted 1,525,000 incentive stock options (the "Options') to officers, directors and consultants. The Options were granted under the stock option plan (the "Plan") that was approved at the last Annual General Meeting of Hinterland Metals Inc. held on May 26, 2009 and accepted by the TSX Venture Exchange on September 17, 2009. The Plan is a "rolling" plan whereby a maximum of 10% of the issued shares at the time of the grant are reserved for issuance under the Plan. All options are exercisable at a price of $0.10 per share until October 8, 2014.
The grant includes 250,000 Options to Agoracom Investor Relation Corp. ("Agoracom") who have been providing investors relations services to Hinterland since 2006 in consideration of $3,000 per month, renewed on a yearly basis. The Options are exercisable at a price of $0.10 per share until October 8, 2014.
Investors are invited to visit the Hinterland IR Hub at www.agoracom.com/IR/Hinterland where they can post questions and receive answers or review messages already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to HMI@agoracom.com where they can also request to be added to the investor e-mail list in order to receive all future press releases and updates in real time.
This release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Company's periodic reports including the annual report or in the filings made by the Company from time to time with securities regulators. The Company undertakes no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of an unanticipated event.
Shares Issued 61,659,233
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.
CONTACT INFORMATION:
Hinterland Metals Inc.
Mark Fekete
President
Toll Free 1-877-874-8182
info@hinterlandmetals.com
www.hinterlandmetals.com
