Macarthur Minerals Limited
TSX VENTURE : MMS

Macarthur Minerals Limited

December 03, 2009 10:44 ET

Macarthur Minerals Limited: Issue of Incentive Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 3, 2009) - Macarthur Minerals Limited (TSX VENTURE:MMS) (the "Company") is pleased to announce that pursuant to the Company's Stock Option Plan it has today granted an aggregate of 1,025,000 incentive stock options to various directors, officers, employees and consultants.

The options are exercisable for a 3-year period at CAD $1.10 per share and will be subject to a four-month hold period commencing on the date of the grant.

On behalf of the Board of Directors,

MACARTHUR MINERALS LIMITED

Alan S. Phillips, Chairman, President & CEO

ACN 103 011 436

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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