Tawsho Mining Inc.

Tawsho Mining Inc.

March 22, 2010 13:02 ET

Tawsho Mining Inc. Announces Grant of Stock Options

CONCORD, ONTARIO--(Marketwire - March 22, 2010) - Tawsho Mining Inc. ("Tawsho") (TSX VENTURE:TAW) announces that it has granted stock options to acquire up to 300,000 common shares to a senior officer and director ("director") of Tawsho exercisable until February 1, 2015. In the event that the trading price of common shares of Tawsho is equal to or greater than $0.50 per share, at any time during the term of the consulting agreement between the Corporation and director, on the TSX Venture Exchange, or in the event that the Tawsho board of directors determines, in its sole discretion, that a significant milestone in the success of Tawsho has been achieved, then the entire option shall immediately vest and be exercisable in full. The exercise price of the options is $0.20 per share.

The granting of these options is subject to the approval of the TSX Venture Exchange There are now a total of 1,845,000 options to acquire common shares outstanding pursuant to Tawsho's Stock Option Plan.


Tawsho is a mining exploration company focused on the acquisition, exploration, and development of gold resources and advanced stage gold exploration projects.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as a term that is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Tawsho Mining Inc.
    Eva Wolosiuk
    Chief Financial Officer
    905 760 7760