Marifil Mines Ltd.
TSX VENTURE : MFM

Marifil Mines Ltd.

June 07, 2012 12:39 ET

Marifil Mines Ltd. Grants Incentive Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 7, 2012) - Marifil Mines Ltd. (TSX VENTURE:MFM) ("Marifil" or the "Company") announces that it has granted incentive stock options to purchase an aggregate of 1,360,000 common shares of Marifil to directors, officers and employees of the Company. These options will be exercisable for a period of five years at the price of $0.20 per share.

The granted incentive stock options replace the 1,510,000 options that expired on May 28, 2012 and were exercisable at the price of $0.66 per share.

On behalf of the Board of Directors,

John Hite, President

For further information regarding Marifil Mines Ltd., please refer to the Company's filings available on SEDAR (Http://www.sedar.com) or at Marifil's Website (Http://www.marifilmines.com).

This press release has been reviewed and approved by John Hite, President of Marifil Mines Ltd. and by Richard Walters, Vice President under whose directions the exploration program is being carried out. Mr. Hite and Mr. Walters are Qualified Persons as defined by National Instrument 43-101.

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