Advanced Explorations Inc.

Advanced Explorations Inc.

January 15, 2007 09:20 ET

Advanced Explorations Inc. Announces Stock Options

TORONTO, ONTARIO--(CCNMatthews - Jan. 15, 2007) - Advanced Explorations Inc. (the "Company") (NEX BOARD:AXI.H) wishes to announce that on January 12, 2007 the Company issued 85,000 options at $0.20 to Mark Gossin who became CFO and Director on January 10, 2007 vesting immediately, and are good for a period of 5 years.

About AEI

Advanced Explorations Inc. has been developing a strategy to leverage its expertise and use of leading-edge technologies to develop business opportunities within the petroleum and mineral exploration industries. Using AEI, exploration companies can reduce the time involved evaluating high-potential, and high-risk, targets in heretofore-unrealized sites around the world. Shares of the Company are listed for trading on the NEX board of the Toronto Stock Exchange under the symbol "AXI-H". There are 8,880,677 shares issued and outstanding.

This news release includes forward-looking statements that involve a number of risks and uncertainties. The information reflects numerous assumptions as to industry performance, general business and economic conditions, regulatory and legal requirements, taxes and other matters, many of which are beyond the control of the company. Similarly, this information assumes certain future business decisions that are subject to change. There can be no assurance that the results predicted here will be realized. Actual results may vary from those represented, and those variations may be material.

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

Contact Information

  • Advanced Explorations Inc.
    Gary Williams
    (416) 570-0629