EXMIN Resources Inc.

EXMIN Resources Inc.

August 20, 2007 15:20 ET

EXMIN Announces Grant of Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 20, 2007) - EXMIN Resources Inc. ("EXMIN") (TSX VENTURE:EXM) wishes to announce that it has granted an aggregate of 1,880,000 stock options to its Directors, Officers, employees and consultants. Each option will be exercisable into one common share of EXMIN at a price of $0.385 per option for a period of 10 years from this date, and subject to provisions of the Company's stock option plan. The options will vest immediately, except for those individuals performing investor relations activities, in which case they will vest in quarterly stages over a one-year period.

The grant is subject to regulatory approval.


EXMIN Resources Inc. is currently focused on the exploration and development of precious metal properties of significant merit in the Sierra Madre gold belt of Northwestern Mexico.

Note: EXMIN Resources Inc. (EXMIN) has taken all reasonable care in producing and publishing information contained in this news release. Material in this news release may still contain technical inaccuracies, omissions or typographical errors, for which EXMIN assumes no responsibility. This news release may include certain "forward-looking statements" including but not limited to comments regarding predictions and projections. All statements, other than statements of historical fact, included in this news release, including, without limitation, statements regarding potential mineralization, exploration results, and future plans and objectives of EXMIN, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in documents filed from time to time with the regulatory authorities.

The TSX Venture Exchange has not reviewed this release and does not accept responsibility for the adequacy or accuracy of this news release.

Contact Information

  • EXMIN Resources Inc.
    Karl J. Boltz
    President & CEO
    EXMIN Resources Inc.
    Investor Relations
    Email: info@exmin.com
    Website: www.exmin.com