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Announces Grant of Stock Options
posted on
May 25, 2009 08:42AM
May 25, 2009
Mexican Silver Mines Ltd. Announces Grant of Stock Options
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 25, 2009) - Mexican Silver Mines Ltd. ("Mexican Silver") (TSX VENTURE:MSM)(FRANKFURT:MS2) (WKN:A0MSLE) is pleased to announce that, subject to regulatory approval, it has granted 100,000 options (the "Options") to Fayyaz Alimohamed, the President and principal of Acamar Asia Consultants Inc., a Vancouver based company that provides investor relations activities to Mexican Silver. The Options are exercisable at a price of $0.23 per common share with an expiry date of May 21, 2010. The Options vest as to 1/4th of the Options granted every three months from the issuance date, with the first Options vesting on the date of the grant.
About Mexican Silver
Mexican Silver Mines is a silver focused junior resource company developing three former silver producing properties in northeastern Mexico. To learn more about Mexican Silver Mines, please visit: www.mexicansilvermines.com.
ON BEHALF OF THE BOARD OF MEXICAN SILVER MINES LTD.
Feisal Somji, B.Sc., MBA, President and Chief Executive Officer
