/NOT FOR DISSEMINATION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES/
TORONTO, July 23, 2013 /CNW/ - Polar Star Mining Corporation (TSX: PSR) (the "Company"), announced today that in accordance with its stock option plan and to
incent management and the board of directors, the Company has granted
an aggregate of 7,355,000 options to purchase common shares of the
Company to certain directors, officers, employees and consultants of
the Company. All options expire on December 31, 2018, have an exercise
price of $0.18 and vest immediately.
About Polar Star Mining Corporation
Polar Star Mining Corporation ("PSR") is a TSX listed
exploration and development company with a focus on building
shareholder value in Chile. The Company's strategy is to use cash flow
from its Chépica mine (primarily copper and gold) to fund, in part, the
exploration programs at its flagship Montezuma property and to advance
its large portfolio of other world class projects in Chile through
joint ventures. For more information, please visit: www.polarstarmining.com
Share Capitalization
The Company has 191,905,664 Common Shares issued and outstanding as of
July 23, 2013.
The statements made in this press release may contain forward-looking
statements that may involve a number of risks and uncertainties. Actual events or results could differ
materially from the Company's expectations and projections.
SOURCE: Polar Star Mining Corporation
Colin Bird
Chief Executive Officer
Polar Star Mining Corporation
Email: info@polarstarmining.com
Telephone: (416) 368-3496
Copyright CNW Group 2013