7th Sep 2007 07:01
African Minerals Ltd07 September 2007 For immediate release 7 September 2007 African Minerals Limited ("African Minerals" or "the Company") Grant of Options to Director African Minerals Limited (AIM:AMI), the diamond and mineral exploration andproduction company with interests focused in Sierra Leone, West Africa,announces the granting of options to a Director under the Company's share optionplan. On 6 September 2007, the Company granted options to purchase 500,000 commonshares of US$0.01 each to Mr. Roy Pitchford, the newly appointed Non-ExecutiveDirector, as per the terms and conditions of his service agreement. The options expire on 5 September 2012 and are exercisable at a price of 165.5pper share. The options vest in three equal tranches on the first threeanniversaries of the grant date. Enquiries: African Minerals Limited Tel: +44 (0) 20 7849 3002Frank TimisJamie Alpen Canaccord Adams Limited Tel: +44 (0) 20 7050 6500Mark AshurstMike Jones Citigate Dewe Rogerson Tel: +44 (0) 20 7638 9571Media enquiries: Martin Jackson/Kate DelahuntyAnalyst enquiries: Scott Fulton This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
AMI.L