Cadillac Mining Corporation CQXFF

Cadillac Mining Corporation Announces Granting of

[chenteddybear]

Cadillac Mining Corporation Announces Granting of Stock Options

Vancouver, British Columbia CANADA, February 23, 2012 /FSC/ - Cadillac Mining Corporation (CQX - TSX Venture), (the "Company") announces that it has granted an aggregate of 2,200,000 stock options to certain of its directors, officers, key employees and consultants in accordance with the provisions of the Company's stock option plan, which plan was approved at the Annual General Meeting held on February 15, 2011, and accepted by the TSX Venture Exchange.  The options were granted effective February 22, 2012 for terms of up to five years, at an exercise price of
.17 per share.

[Rock34]

I really like that that went the option route to raise money.  Keep the shares in stong hands that are already invested.  This will provide them the cash flow needed to prove up many more ounces and do a PP at a MUCH higher price.

[SupplyChainGuru]

Precisely . . insiders/board would have only accepted the options route if and only if they knew it was going to pay off. If i were management, I would have a bitter taste in my mouth after those investors refused to jump in with .15 and 0.07 PP . Why let them in now at 0.25 and give them a $1 share in 6 months? non-believers should not be awarded with %400 gains. Longs, management, consultants

[Rock34]

.265 will be tested today imo. I think we close at the day high. 100% agree with your comments SupplyChainGuru

[bert2]

But they really are not raising any operating cash until the options are exercised.  High expectations for them to be exercised now when there is a five year window.   Woud be nice to see but unlikely.