Royal Standard Minerals Inc.
OTC Bulletin Board : RYSMF

Royal Standard Minerals Inc.

June 26, 2009 12:22 ET

RSM Announces Cancellation and Granting of Incentive Stock Options

Heathsville , VIRGINIA--(Marketwire - June 26, 2009) - ROYAL STANDARD MINERALS, INC. (the "Company") (OTCBB:RYSMF) advises that the current outstanding 5,842,500 incentive stock options granted to officers, directors, employees and consultants entitling them to purchase common shares at prices ranging from Cdn.$0.29 to Cdn.$1.44 exercisable over periods ranging from April 13, 2010 to July 13, 2012 have been cancelled.  Incentive stock options totalling 7,904,691 have now been granted to officers, directors, employees and consultants at an exercise price of U.S. $0.10 for a period of five years expiring on June 24, 2014.  

C.U.S.I.P.     # 780919106

Listed: Standard & Poor's

Contact Information

  • Royal Standard Minerals, Inc.
    Rich Kaiser
    Investor Relations
    800-631-8127

    or

    Royal Standard Minerals, Inc.
    Roland Larsen
    CEO
    804-580-8107
    Website: www.Royalstandardminerals.com