Post by
monmick on Jul 26, 2005 11:39am
Ten years seems to me...
... to be a bit excessive...
==
Virginia Grants 203,000 Stock Options
MONTREAL, QUEBEC, Jul 26, 2005 (CCNMatthews via COMTEX) --
Virginia Gold Mines Inc. ("Virginia") (TSX:VIA) announces that it has granted
stock options to its directors, officers and employees.
On July 19, 2005, Virginia granted a total of 203,000 stock options of which
93,000 have been granted to its directors and officers and 110,000 have been
granted to its employees and consultants. Each stock option entitles its holder
to subscribe one common share of the company at a price of $6.88 per share
for a 10-year period.
ABOUT VIRGINIA GOLD MINES
Virginia Gold Mines Inc. is among the most active mining exploration
companies in Quebec with a working capital of over $35 million, debt free,
and with approximately 45 million shares issued and outstanding. Virginia's
shares trade on the Toronto Stock Exchange (TSX) under the symbol VIA.
Virginia concentrates its activities on its numerous properties that are spread
over the vast unexplored regions of northern Quebec.
Virginia Gold Mines Inc.
Andre Gaumond
President
(418) 694-9832 or (800) 476-1853
(418) 694-9120 (FAX)
or
Virginia Gold Mines Inc.
Paul Archer
V.P. Exploration (QP)
(418) 694-9832 or (800) 476-1853
(418) 694-9120 (FAX)
or
Virginia Gold Mines Inc.
Amelie Laliberte
Investor Relations
(418) 694-9832 or (800) 476-1853
(418) 694-9120 (FAX)
mines@virginia.qc.ca
www.virginia.qc.ca
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