Chrysos Capital Corporation

January 22, 2010 09:30 ET

Chrysos Incentive Stock Options

HALIFAX, NOVA SCOTIA--(Marketwire - Jan. 22, 2010) - Gregory Isenor, P.Geo., President and CEO of Chrysos Capital Corp. ("Chrysos")(TSX VENTURE:CSZ) announces:

Stock Option

Chrysos announces that up to 4,490,000 incentive stock options have been granted to directors, employees and consultants pursuant to Chrysos' rolling stock option plan. The stock options are exercisable for ten years at $0.20 per share. The closing price of Chrysos shares on the TSX Venture Exchange on January 21, 2010 was $0.20 per share. The rolling stock option plan must be approved annually by the shareholders in a general meeting and none of the incentive stock options now granted will be exercised until such time as that approval has been received.

The principal assets of Chrysos are a 100% ownership of the Niaouleni Gold Project in Mali and a 50% interest in the Jubilee Zinc Project and ancillary zinc properties, the Cape Breton Regional Zinc Claims and the Eastville Permits, all in Nova Scotia.

Neither the 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.

Contact Information

  • Chrysos Capital Corporation
    Greg Isenor
    President & CEO
    (902) 832-5555
    Chrysos Capital Corporation
    Tom Hickey
    V-P and CFO
    (902) 832-5555