Indicator Minerals Inc.

Indicator Minerals Inc.

October 08, 2010 19:52 ET

Indicator Minerals Grants 3,350,000 Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 8, 2010) - Indicator Minerals Inc. (TSX VENTURE:IME) ("Indicator" or the "Company") announced today that the Board of Directors has granted an aggregate of 3,350,000 stock options under the Company's Stock Option Plan, subject to regulatory approval.

The options are exercisable at a price of $0.10 per common share and expire on October 7, 2015. Directors and officers of the Company were allocated 2,400,000 of these options.

On behalf of the Board of Directors of Indicator Minerals Inc.

Bruce Counts, P.Geoph., President & CEO

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

  • Indicator Minerals Inc.
    Bruce Counts
    President & CEO
    604-331-4605 or Toll Free: 1-877-331-4605
    604-331-4654 (FAX)