VANCOUVER, B.C., June 29, 2011 /PRNewswire/ -- Lori McClenahan, President, St. Elias Mines Ltd.
(SLI - TSX:V) announces that pursuant to the Company's Stock Option
Plan, the Company will grant incentive stock options to directors,
officers, and consultants of the Company to purchase an aggregate
3,000,000 shares in the capital of the Company at an exercise price
of $2.01 per share for a period of
two years.
For additional information on St. Elias and its projects, please
visit us at www.steliasmines.com or call 1-888-895-5522
(toll free US and Canada) or
contact:
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European
Consultant
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U.S. Investor Relations
Consultant
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Michael Kott
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Herbert Haft
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CM-Equity AG & Co. KG
Financial Service
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The Haft Group, Inc.
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Tel: 011 4989 1890 474
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Tel: (212)
759-8865
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Email:
kott@cm-equity.de
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Email: herbhaft@haftgroupinc.com
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herbhaft@aol.com
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ST. ELIAS MINES LTD.
(signed "Lori
McClenahan")
Lori McClenahan,
President
The TSX Venture Exchange has not reviewed and does not
accept responsibility for the adequacy or the accuracy of the
contents of this document.
This News Release may contain forward-looking statements
including, but not limited to, comments regarding the timing and
content of upcoming work programs, geological interpretations,
potential mineral recovery processes, etc. Forward-looking
statements address future events and conditions and therefore
involve inherent risks and uncertainties. Actual results may differ
materially from those currently anticipated in such
statement.
SOURCE St. Elias Mines Ltd.