VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 16, 2012) - EurOmax Resources Ltd. ("EurOmax" or the "Company") (TSX VENTURE:EOX) (PINKSHEETS:EOXFF)today reports that it has granted share purchase options pursuant to the Company's share option plan.
300,000 options have been granted to a consultant of the Company exercisable for five years at a price of C$ 0.34 per share and vest on the earlier of December 31, 2013 or if, following the Company's ongoing assessment, a listing in London is completed prior to this date.
50,000 options have been granted to an employee of the Company exercisable for five years at a price of C$ 0.34 per share and vest 25% on grant, 25% after one year, 25% after two years and the remaining 25% after three years.
About EurOmax Resources Ltd.
EurOmax is a Canadian exploration and development Company with three gold and base metal assets in Macedonia, Bulgaria and Serbia. We are focused on identifying, acquiring and developing mineral resources in Southeastern Europe with the objective of becoming a world-class mining company in the region. Our strength is our local staff, knowledge and technical expertise in Bulgaria, Serbia and Macedonia.
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.
Contact Information:
Steve Sharpe
President & CEO
+44 (0)20 3178 6511
ssharpe@euromaxresources.co.uk
www.euromaxresources.com