Central Iron Ore Limited
TSX VENTURE : CIO

Central Iron Ore Limited

January 25, 2010 08:30 ET

Central Iron Ore Limited.: Issue of Incentive Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 25, 2010) -

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Central Iron Ore Limited (TSX VENTURE:CIO) ( "the Company") is pleased to announce that pursuant to the Company's Stock Option Plan it has today granted an aggregate of 2,000,000 incentive stock options to various directors, officers, employees and consultants.

The options are exercisable for a 3-year period at CAD $0.25 per share and will be subject to a four-month hold period commencing on the date of the grant.

This grant of new options cancels and replaces all previously granted options, which received disinterested shareholder approval at the Company's Annual General Meeting.

On behalf of the Board of Directors

CENTRAL IRON ORE LIMITED

Andrew Spinks, President/CEO

For further information, please contact: www.internationalgoldmining.com

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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