Southern Hemisphere Mining Limited
TSX VENTURE : SH
ASX : SUH

Southern Hemisphere Mining Limited

February 25, 2011 22:24 ET

Southern Hemisphere Announces Stock Option Grants

PERTH, WESTERN AUSTRALIA--(Marketwire - Feb. 25, 2011) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Southern Hemisphere Mining Limited (the "Company") (TSX VENTURE:SH)(ASX:SUH) announces that on February 21, 2011, options have been granted under its existing Stock Option Plans to directors, officers and employees of the Company to purchase a total of 5,300,000 common shares at an exercise price of AUD$0.54 per share. 2,950,000 of these options have been granted to the Company's directors. The options are exercisable until June 30, 2013 and will vest between July 7 and October 7, 2011 (as to 50%) and on January 7, 2012 (as to 50%). Under the rules of the Australian Securities Exchange, the grant of the options to directors is subject to approval by the Company's shareholders.

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 press release.

Contact Information

  • Southern Hemisphere Mining
    Trevor Tennant
    CEO
    +56 (9) 7766 4688
    or
    Clark Kent
    Corporate Communications
    416-883-3838
    ckent@currentmca.com