Dia Bras Exploration Inc.: Appointment of Officer and Grant of Options.MONTREAL -- Dia Bras Exploration Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:DIB (1) (Directory Information Base) Also called "white pages," a database of names in an X.500 system. (2) (Device Independent B ) announced today that Mr. Rejean Gosselin, President of the Company, was also appointed Chief Executive Officer. Mr. Thomas (language) Thomas - A language compatible with the language Dylan(TM). Thomas is NOT Dylan(TM). The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs L. Robyn, PhD., who cumulated the positions of Chief Executive Officer and Chairman, was appointed Executive Chairman of the Company.As part of his responsibilities, Thomas Robyn will be the spokesperson to the investment community. On February 2nd, 2006, the Board of Directors approved, subject to the approval of the shareholders at the annual and special meeting of shareholders of the Company to be held on May 30, 2005 and of regulatory authorities Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest regulatory agency administrative body, administrative unit - a unit with administrative responsibilities , an increase in the number of common shares provisioned for the Company's stock option plan. The approved maximum number of 8,100,000 common shares represents approximately 10% of the current number of shares issued and outstanding.The Board granted a total of 2,000,000 options to purchase common shares in the Company to its directors and 350,000 options to purchase common shares to officers who are not directors of the Company. In addition, 350,000 options to purchase common shares have been granted to employees of the Company and its Mexican subsidiaries. All options have an exercise price of $0.40 and an exercise period of five years About Dia Bras Dia Bras is a Canadian mining exploration company focused on precious and base metals in the State of Chihuahua, Mexico. The Company actively explores and develops two key projects - Bolivar and Promontorio - located in the Sierra Madre Sierra Madre, city, United States Sierra Madre (sēĕr`ə mä`drā), residential city (1990 pop. 10,762), Los Angeles co., S Calif., at the foot of Mt. Wilson; inc. 1907. There is some light manufacturing. precious metal belt. The Company is traded on TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. , under the symbol "DIB". The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release. Forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. : Except for statements of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. If you would like to receive press releases via email please conta ct info@diabras.com Please specify 'Dia Bras press releases' in the su bject line. Dia Bras Exploration Inc. (TSX VENTURE:DIB) |
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