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Stock Option Grant
posted on
Jan 08, 2009 12:48PM
January 8, 2009
SilverCrest Announces Stock Option Grant
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 8, 2009) - SilverCrest Mines Inc. (the "Company") (TSX VENTURE:SVL) wishes to announce the granting of stock options to the directors under its Stock Option Plan to purchase up to an aggregate 200,000 common shares of the Company at an exercise price of $0.45 per share for a term of five years.
All shares issuable pursuant to the exercise of options are subject to a hold period of four months and one day from the date the options were granted.
SilverCrest Mines Inc. is a "Silver Focused" exploration and development company with a portfolio of high grade silver deposits and exploration properties located in Mexico and El Salvador. This property portfolio, which includes reported indicated and inferred silver resources and substantial exploration potential, provides an important base from which SilverCrest can develop its corporate objective of becoming a significant silver asset based company. The Company's immediate initiative is to acquire and develop substantial silver resources and ultimately to operate high grade silver mines throughout North, Central and South America.