Lago Dourado Minerals Ltd.

Lago Dourado Minerals Ltd.

December 13, 2010 15:47 ET

Lago Dourado Grants Options and Appoints Corporate Secretary

TORONTO, ONTARIO--(Marketwire - Dec. 13, 2010) - Lago Dourado Minerals Ltd. (TSX VENTURE:LDM) (the 'Company') has granted an aggregate of 2.0 million stock options to certain directors, officers and employees pursuant to the Company's Stock Option Plan. The options have an exercise price of $0.60 per share and an expiry date of December 13th, 2015.

The Company also announces that Michele McCarthy has resigned as Secretary of the Company, effective as of December 6th, 2010. Shaun Drake has been appointed as Secretary of the Company, effective December 6th, 2010. Ms McCarthy will continue in her role as a Director of the Company.

Mr. Drake is a member of the Institute of Chartered Secretaries and Administrators and is President of DSA Corporate Services Inc., a Toronto-based firm that provides corporate secretarial services to reporting issuers. He currently acts as Secretary to several other companies listed on the TSX and TSX VENTURE Exchanges.

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

  • Lago Dourado Minerals Ltd.
    Forbes Gemmell
    President and Chief Executive Officer
    (416) 368-5005