Trading Symbol: TSXV: BMC
Shares Outstanding: 166,283,160
WINDSOR, NS,
Jan. 7, 2013 /CNW/ - Buchans
Minerals Corporation (TSXV: BMC) ("Buchans Minerals" or the
"Company") announces the grant of 635,500 options to an aggregate
of 4 directors, officers and employees of the Company. Each
option is exercisable for one common share of Buchans Minerals until January 7th, 2018 at an exercise price
of $0.10. All of the options
vest immediately.
About Buchans Minerals:
Buchans Minerals is an Atlantic
Canada based resource company that has three main assets
that include its 100% owned base metal properties near Buchans in central Newfoundland (joint ventured to Minco plc.),
its 100% owned manganese property located near Woodstock in New
Brunswick (also joint ventured to Minco plc.) and its 50%
owned gold and copper Long Range Property in central Newfoundland.
Neither the TSX-V nor its Regulation Services
Provider (as that term is defined in the policies of the TSX-V)
accepts responsibility for the adequacy or accuracy of this
release, and no securities regulatory authority has either approved
or disapproved of the contents of this release.
SOURCE BUCHANS MINERALS
CORP.