ROSCAN MINERALS CORPORATION
TSX VENTURE : ROS

June 05, 2009 15:26 ET

RosCan Announces Grant of Stock Options

TORONTO, ONTARIO--(Marketwire - June 5, 2009) -

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO ANY U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA.

RosCan Minerals Corporation ("RosCan") (TSX VENTURE:ROS) wishes to announce that it has granted an aggregate of 250,000 options to purchase common shares of the Company exercisable at a price of $0.15 per share for a period of five years, to directors of the Company. The options granted shall vest as to 50% immediately and the remaining 50% shall vest on the first anniversary of the date of grant. The common shares issuable upon exercise of the options are subject to a four month hold period from the original date of grant.

This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control that may cause actual results or performance to differ materially from those currently anticipated in such statements. Such forward-looking statements include comments regarding acquisitions, mineral resource statements and exploration program performance.

Shares Outstanding: 26,699,575

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

  • RosCan Minerals Corporation
    Chris Irwin
    (416) 293-8437
    (416) 293-3957 (FAX)
    info@roscan.ca