Rambler Metals & Mining Plc
TSX VENTURE : RAB
AIM : RMM

Rambler Metals & Mining Plc

April 02, 2012 09:30 ET

Rambler Grant of Options

LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwire - April 2, 2012) - Rambler Metals and Mining plc (TSX VENTURE:RAB)(AIM:RMM) ('Rambler' or the 'Company') announces that 100,000 stock options have been granted to Mr Stanley Neamonitis, Non-executive Director of the Company. The options are exercisable at a price of $0.53 CDN vesting on 23 March 2012. The total number of ordinary shares over which Mr. Neamonitis holds options following this notification is 100,000.

Mr. Neamonitis has many years of experience in the marketing of base metal concentrates and will be assisting the Company in the administration of the off-take agreement with Transamine Trading for the copper/gold concentrates to be produced over the next six years from the Ming Copper-Gold mine through the Nugget Pond mill.

ABOUT RAMBLER METALS AND MINING

Rambler Metals and Mining plc is a Junior Mining Company that has 100% ownership of the Ming Copper-Gold Mine in Baie Verte, Newfoundland and Labrador, Canada. As a producing gold and copper miner, our objective is to become a mid-tier mining company by continuing the development of the Ming Mine, discovering new deposits and through mergers and acquisitions.

Neither TSX Venture Exchange nor its Regulation Service 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

  • Rambler Metals and Mining
    George Ogilvie, P.Eng.
    President and CEO
    709-800-1929 or 709-800-1921

    Rambler Metals & Mining Plc.
    Corporate Office
    +44 (0) 20 8652-2700
    +44 (0) 20 8652-2719 (FAX)
    www.ramblermines.com

    Seymour Pierce Limited
    Nandita Sahgal
    +44 (0) 20-7107-8000

    Seymour Pierce Limited
    Jeremy Stephenson
    +44 (0) 20-7107-8000

    Pelham Bell Pottinger
    Charles Vivian
    +44 (0) 20 7861 3921

    Pelham Bell Pottinger
    Philippe Polman
    +44 (0) 20 7861 3921

    Ocean Equities Limited
    Guy Wilkes
    +44 (0) 20-7786-4370