RX Exploration Inc.
CNSX : RXE

April 27, 2010 17:42 ET

RX Exploration Grants Options

TORONTO, ONTARIO--(Marketwire - April 27, 2010) - RX Exploration Inc. (CNSX:RXE) announces that it has granted a total of 3,125,000 stock options to certain directors, officers, employees and consultants pursuant to its incentive stock option plan. The options are exercisable at $0.50 per share, expiring on April 22, 2013. This transaction is subject to any necessary regulatory or stock exchange requirements.

About RX Exploration Inc.

RX Exploration Inc. is a gold exploration company whose strategy is to re-examine gold projects within North America that have previously reached advanced exploration, underground development or past gold production. The Company is currently focused on re-starting the Drumlummon Mine, its past producing high-grade, bonanza-type, epithermal underground gold and silver mine in Montana. The Company has driven an internal ramp from the 400 level to intersect and access the D-Block Zone as well as the Charly Vein system and has set up a drill station on the hanging wall side of the Charly vein to enable the Company drill the system to depth and along strike.

The Company's shares are listed on CNSX (Symbol: RXE). There are 95,359,803 common shares issued and outstanding.

Forward Looking Statements: Statements made in this news release that relate to future plans, expectations, events or performances are forward looking statements. Such statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.

CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • RX Exploration Inc.
    Murray R. Nye
    President
    (204) 989-2434
    or
    RX Exploration Inc.
    John F. O'Donnell
    Chairman of the Board
    (416) 862-7330