Iberian Minerals Announces Granting of Options
Iberian Minerals Corp. (TSX VENTURE:IZN) announced today that a total of 500,000 options to acquire registered shares of the Company have been granted to Daniel Vanin, President and CEO of Iberian, at an exercise price of $0.56 per registered share.
The press release is quoted as saying:
The Aguas Tenidas Mine is in the Andalucia region of Spain approximately 110 km north-west of Seville and operates a 1.7 million tonnes per year underground mine and concentrator that produces copper, zinc and lead concentrates that also contain gold and silver. Plans are underway for a plant expansion resulting in a capacity of 2.2 Mtpa at Aguas Tenidas.
Click here to access the entire press release
Click here to access Iberian Minerals Corporate Site
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Wed, Sep 8, 2010
Post by Anne Bagchi, Zinc Researcher