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Canmex Minerals Corporation - Incentive Stock Options.


VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 16, 1996--CANMEX MINERALS CORP. (VSE See DOS/VSE.

VSE - Virtual Storage Extended
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) CANMEX MINERALS CORPORATION (the "Company") announces its intention to grant incentive stock options to certain employees of the company, entitling the optionees to purchase up to an aggregate of 80,000 common shares of the company at a price of $1.75 per share, expiring on Sept. 21, 2000.

These options are exercisable as to 40 percent upon receipt of regulatory approval and as to the balance, after Sept. 21, 1997. The exercise price is based on the average closing price of the company's shares as traded on the Vancouver Stock Exchange Vancouver Stock Exchange (VSE)

A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies.


Vancouver Stock Exchange

See Canadian Venture Exchange (CDNX).
 during the 10 trading days In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends.  immediately preceding the date of this release. -0- ON BEHALF OF THE BOARD Lawrence Roulston President

CONTACT: Canmex Minerals Corporation

Lawrence Roulston, 604/689-7842

or

Canmex Minerals Corporation

Sophia Shane, 604/689-7842
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 16, 1996
Words:141
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