Mill City Gold grants 2.5 million options

2009-01-21 16:03 ET - Options Proposed

Mr. James Brown reports

MILL CITY GOLD CORP. - GRANT OF INCENTIVE STOCK OPTIONS

Mill City Gold Corp. has granted to directors, officers and a consultant of the company incentive stock options to purchase a total of 2.5 million common shares of the company under the company's current stock option plan. The options will vest as to 25 per cent upon the date of grant and 12.5 per cent every quarter thereafter with an expiry date of Jan. 21, 2014, and are exercisable at a price of 10 cents per share.

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