Monument Grants Stock Options to its Appointed Director
June 11, 2010 NEWS RELEASE Release #4 - 2010
Monument Grants Stock Options to its Appointed Director
Vancouver, B.C. - Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“the Company”, or “Monument”) announces it has granted 500,000 incentive stock purchase options to a director appointed in June 2009 for his services as a director of the Company.
500,000 stock purchase options have been granted under the 2009 Stock Option Plan exercisable at $0.30 per share for a period of five (5) years vesting 250,000 in every 12 months from the grant date. A total 22,126,000 common shares are reserved under the 2009 Plan and have been fully granted up to date under the Plan to its directors, employees and consultants.
Robert F. Baldock, President and CEO Monument Mining Limited Suite 490, 688 Hastings Street Vancouver B.C. Canada V6B 1P1 Canada
For further information contact:
| Monument Mining Limited | CHF Investor Relations | Axino AG | |
| Richard Cushing Investor Relations (Tel) +1 604 638 1661 ext. 102 (Fax) +1 604 638 1663 [email protected] www.monumentmining.com | Robin Cook Senior Account Manager (Tel) 1-416-868-1079 ext. 228 (Fax) 1-416-868-6198 [email protected] www.chfir.com | Anne Robert Account Manager (Tel) 1-514-880-0184 (Fax) 1-416-868-6198 | Wolfgang Seybold President and CEO (Tel) +49 711 25 35 92 40 (Fax) +49 711 25 35 92 55 |
| [email protected] | [email protected] | ||
| www.chfir.com | www.axino.de |
Formatted: French (Canada)
Formatted: French (Canada)
Field Code Changed
Formatted: French (Canada)
Field Code Changed "Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange)
Formatted: French (Canada) accepts responsibility for the adequacy or accuracy of this release."
Formatted: French (Canada) Forward-Looking Statement
This news release contains forward-looking statements about Monument Mining Limited (“Monument”), its business and future plans. Forward- looking statements are statements that are not historical facts and include the timing of the proposed programs and events. The forward-looking statements in this news release are subject to various risks, uncertainties and other factors that could cause actual results or achievements to different materially from those expressed or implied by the forward-looking statements. These risks and certain other factors include, without limitation, uncertainty to the actual cost of the gravity circuit and the estimated cash flows which may be generated from the gravity circuit, the risk that the Selinsing Project will not be completed successfully or in a timely manner, general economic factors and other factors that may be beyond the control of Monument. Forward-looking statements are based upon the beliefs, opinions and expectations of the management of Monument at the time they are made and Monument does not assume any obligation to update its forward-looking statements if those beliefs, opinions, expectations or circumstances should change.