Rainy River Grants Stock Options


VANCOUVER, BRITISH COLUMBIA, Feb 17, 2010 (MARKETWIRE via COMTEX) -- Rainy River Resources Ltd. /quotes/comstock/11v!rr (CA:RR 4.93, +0.03, +0.61%) (the "Company") announces that pursuant to an annual review of its officers, directors and employees, the Company has granted options to acquire a total of 855,000 common shares to directors, officers and employees at the exercise price of $5.00 per share for a period of 5 years and vesting over a three year period.

About Rainy River Resources Ltd.

Rainy River Resources is a Canadian precious metals exploration company whose key asset is the Rainy River gold project. With over CAN$19 million in its treasury, the Company is well funded to conduct a dual-focused drilling program consisting of: 1) definition diamond drilling of the main gold resources in preparation for scoping and pre-feasibility studies, and 2) selective diamond drill testing of high-priority gold targets defined primarily by RC drilling within the large gold system centered in Richardson Township. The Company's property is extremely well located in the southwestern corner of northern Ontario near the U.S. border. It is accessed by a network of roads and is close to hydro-electric infrastructure. The Rainy River district has a skilled labour force and is one of the lowest-cost areas for mineral exploration and development. Ontario has low political risk and, according to the annual Fraser Institute global survey of the mining industry, has consistently ranked as one of the top jurisdictions embracing mineral development.

RAINY RIVER RESOURCES LTD.

Raymond W. Threlkeld, President & CEO

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical fact, that address events or developments that the Company expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include gold prices, results of exploration and development activities, regulatory changes, defects in title, availability of materials and equipment, timeliness of government approvals, continued availability of capital and financing and general economic, market or business conditions. The Company cautions that the foregoing list of important factors is not exhaustive. Investors and others who base themselves on the Company's forward-looking statements should carefully consider the above factors as well as the uncertainties they represent and the risk they entail. The Company believes that the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. Please see the public filings of the Company at www.sedar.com for further information.

The TSX Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of this news release.


Source

Bison Gold Announces Stock Option Grants


TORONTO, ONTARIO, Feb 17, 2010 (MARKETWIRE via COMTEX) -- Bison Gold Resources Inc. /quotes/comstock/11v!bge (CA:BGE 0.15, 0.00, 0.00%) ("Bison Gold" or the "Company") announced today that under the Company's stock option plan, it had granted on February 16, 2010, to directors and consultants of the Company, incentive stock options to purchase a total of 900,000 common shares of the Company at an exercise price of $0.13 per share, expiring February 16, 2015. These incentive stock options are subject to acceptance by the TSX Venture Exchange (the "TSXV") and the Company's Board of Directors. The number of shares reserved for issuance under the plan is 3,535,047, of which 2,970,000 have been granted under the plan.

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold exploration with property assets in Canada. Further details can be found on Bison Gold's website at www.bisongold.com.

This news release contains forward-looking statements regarding the timing and content of upcoming programs and may be subject to regulatory approval. Actual results may differ materially from those currently anticipated in such statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Source

ZoomerMedia Grant Stock Options


TORONTO, ONTARIO, Feb 19, 2010 (MARKETWIRE via COMTEX) -- ZoomerMedia Limited ("Zoomer") /quotes/comstock/11v!zum (CA:ZUM 0.15, -0.01, -3.33%) is pleased to announce that it has granted a total of 7,300,000 options to various officers, directors, consultants and employees under the stock option plan of Zoomer. 6,700,000 options granted to certain directors and officers of Zoomer shall only vest upon the completion of the asset acquisitions as further described in Zoomer's press release dated January 25, 2010 (the "Acquisitions"). One-third such options are exercisable at $0.135 per option and vest on the day that is one year following the completion of the Acquisitions, one-third of such options are exercisable at $0.15 per option and vest on the date that is two years following the completion of the Acquisitions and one-third of such options are exercisable at $0.20 per option and vest on the date that is three years following the completion of the Acquisitions.

Of the remaining 600,000 options, 200,000 of these options are exercisable at $0.135 per option and vest on February 18, 2011, 200,000 of these options are exercisable at $0.15 per option and vest on February 18, 2012 and 200,000 of these options are exercisable at $0.20 per option and vest on February 18, 2013.

The grant of all options remains subject to regulatory approval.

About ZoomerMedia Limited

Zoomer publishes Zoomer Magazine, the largest paid circulation magazine in Canada for the mature market. Published nine times a year, Zoomer Magazine has a paid circulation of approximately 180,000 and places approximately a further 30,000 copies on newsstands.

Zoomer also derives royalty revenue through the provision of exclusive marketing and membership services to CARP, A New Vision of Aging for Canada.

Zoomer is also Canada's leading provider of online content targeting the 45 plus age group. It's portfolio of web sites and electronic newsletters delivers over 2 million page per views per month. The key property is www.50plus.com, which offers a wide range of information, entertainment, community connection (forums, dating, blogs) and commerce together with four electronic newsletters (health, money, travel, lifestyle), each of which has over 120,000 opt-in subscribers.

Zoomer also produces and manages www.carp.ca, the online home of CARP. With approximately 350,000 members, CARP is Canada's largest association for the 45 plus. Zoomer also produces CARP Action Online, an electronic newsletter for CARP members.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Source

Mint Grants Stock Options


NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Mint Technology Corp. ("Mint" or the "Company") (TSX:MIT) today announced that it has granted senior officers options to purchase a total of 4,065,600 common shares under Mint's stock option plan. These options were issued in lieu of cash compensation otherwise payable for the period of January 1 - December 31 2009.

The options are exercisable at $0.125 for a period of 2 years expiring January 21, 2013 and are subject to a hold period of 6 months from date of issue. Options were granted to Chris Hogg, Mint's CEO (1,005,600 common shares), Debbie Gamble, Mint's COO (1,080,000 common shares), Bradley Kruse, Mint's SVP of Global Business Development (1,584,000 common shares) and Andrew Martinez, Mint's Commercial Director and now Mint's CFO (396,000 common shares).

The board of directors has approved an amendment to the stock option plan increasing the number of shares reserved under the plan from 5,000,000 to 7,000,000. This was necessary to accommodate the option grants. The shares reserved for issuance under all stock options (including the options referred to in this press release), total 6,959,860 (representing 12.5% of the outstanding common shares and 7.2% of the fully diluted capital of the Company).

The amendments to the stock option plan are subject to stock exchange approval and approval by the shareholders and disinterested shareholders of Mint at its annual meeting scheduled for February 26, 2010. Until those approvals are obtained, each of the option announced today has been limited to prohibit the exercise of options in excess of the current maximum size of the plan.

Following the options issue, Chris Hogg of Radnor, Pennsylvania USA will own and control through Glocap Management Inc 1,180,800 common shares, 2,696,000 warrants and 2,755,600 options. The common shares owned by Mr. Hogg will represent approximately 2.12% of the outstanding common shares of Mint. If the warrants and options owned by Mr. Hogg are fully exercised, the holdings of Mr. Hogg would represent approximately 10.8% of the outstanding common shares of Mint (assuming that no other outstanding warrants and options of Mint are exercised). Mr. Hogg may increase or decrease his investment in Mint depending on market conditions or other relevant factors.

ABOUT MINT TECHNOLOGY CORP.

Mint Technology Corp. is a pioneer in prepaid financial products and services and is Canada's first provider of prepaid credit card programs. As a MasterCard(R) Member Service Provider, Mint works with business partners to customize prepaid credit card programs that are tailored to meet a company and its card holder's needs. Mint has developed a secure, robust payments platform that provides an improved means to handle and manage financial transactions. Mint also provides services for those clients looking to move towards 'next generation' payment methods that include chip, internet, data mining and mobile phone load and remittance technologies. Mint's prepaid card products include general spend for the underserved, youth and employee payroll. Stock Symbol: MIT on the TSX Venture Exchange.


Source

Lakeside Steel announces third quarter results and issues stock options


Lakeside Steel Inc. (TSX-V: LS | Quote | Chart | News | PowerRating) ("Lakeside Steel" or the "Company") today reported results for the third quarter ended December 31, 2009. For the three months ended December 31, 2009, the Company's revenue was $27,039,774, which is a decline of $38,318,352 or 58.6% compared to revenue of $65,358,126 for the three months ended December 31, 2008. The Company's net loss for the three months ended December 31, 2009 was $3,757,057, a decline of $8,607,337 from net income of $4,850,280 for the three months ended December 31, 2008. The Company had a loss per share of $0.06 for the third quarter ended December 31, 2009, compared to earnings per share of $0.08 for the third quarter in the prior year.

The Company's EBITDA was ($6,059,397) for the three months ended December 31, 2009, a decline of $11,393,759 from EBITDA of $5,334,362 for the three months ended December 31, 2008. Despite these losses, the Company has been able to maintain positive cash flows of $1,757,945 in the three months ended December 31, 2009 and $6,012,879 for the nine months ended December 31, 2009 by selling its surplus inventory.

Demand in the oil and gas sector for the Oil Country Tubular Goods manufactured by Lakeside Steel Corporation ("Lakeside"), Lakeside Steel's wholly-owned subsidiary, has experienced a positive increase in the third quarter. Management believes that this trend will continue into the fourth quarter of fiscal 2010 and the first quarter of fiscal 2011. Lakeside's current order book provides a full production load in both of its mills until May 2010. Lakeside continues to develop its distribution network, currently supplying to over 300 yards and warehouses throughout North America.

Ron Bedard, President and CEO, commented that "Lakeside has weathered the economic storm that the industry as a whole faced in 2009. Lakeside will continue to drive cost improvements and enhance revenue and margin. We expect to see a significant improvement in Q4 as a result of increased load and further cost reductions and therefore we anticipate revenue of approximately $40 million for Q4."

The Company also announced that, subject to receipt of required regulatory approvals, it granted stock options under its 10 per cent rolling Stock Option Plan to a director, and certain officers and employees of the Company and Lakeside to purchase in the aggregate up to 900,000 common shares (the "Stock Options") in the capital of the Company. The exercise price of the Stock Options is $0.33 per share, the closing price of the common shares on February 5, 2010. The Stock Options expire February 7, 2020. Ten percent of the Stock Options vest immediately with the balance vesting as to fifteen percent each every six months from the date of grant, subject to the terms and conditions of the Company's Stock Option Plan.

About Lakeside Steel Inc.

Lakeside Steel is a 2010 TSX Venture Exchange 50 company and the parent company of Lakeside. Lakeside, located in Welland, Ontario, is a diversified steel pipe and tubing manufacturer. Lakeside's list of customers includes large oil and gas, mining, automotive and commercial and industrial supply companies. In addition to supplying its products in these industries, Lakeside manufactures pipe and mechanical tubing for the resale market, which is sold to distributors in Eastern Canada and the Northeastern United States. Lakeside manufactures a variety of products for these industries including oil well tubing and casing, mechanical tubing, pressure tubing, automotive tubing, hollows for redraw, line pipe, heating and plumbing pipe, drill rod and specialty tubing. Lakeside serves customers worldwide, either directly or indirectly, in Canada and the United States.

This press release may contain forward-looking statements with respect to the Company, its operations, strategy, financial performance and condition. These statements generally can be identified by use of forward looking words such as "may", "will", "expect", "estimate", "anticipate", intends", "believe" or "continue" or the negative thereof or similar variations. The actual results and performance of the Company discussed herein could differ materially from those expressed or implied by such statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Important factors that could cause actual results to differ materially from expectations include, among other things, general economic and market factors, competition, changes in government regulations and the factors described under "Risk Factors" in the Management's Discussion and Analysis and Filing Statement of the Company which are available at www.sedar.com. The cautionary statements qualify all forward-looking statements attributable to the Company and persons acting on their behalf. Unless otherwise stated, all forward-looking statements speak only as of the date of this press release and the Company has no obligation to update such statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Lakeside Steel was recognized as a TSX Venture 50(R) company in 2010. TSX Venture 50 is a trade-mark of TSX Inc. and is used under license.


Source

Eurasian Minerals Inc.: Granting of Incentive Stock Options


VANCOUVER, BRITISH COLUMBIA, Feb 09, 2010 (MARKETWIRE via COMTEX) -- Eurasian Minerals Inc. /quotes/comstock/11v!emx (CA:EMX 1.83, 0.00, 0.00%) (the "Company") announces that pursuant to the Company's Stock Option Plan, 200,000 incentive stock options, exercisable at $1.74 per share for a period of five years, have been granted to a director and certain employees of Bronco Creek Exploration Inc., a subsidiary of the Company.

Forward-Looking Statement: Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Eurasian Minerals Inc. Actual results may differ materially from those currently anticipated in such statements.

Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.


Source

Stroud Announces Grant of Stock Options


TORONTO, ONTARIO, Feb 09, 2010 (MARKETWIRE via COMTEX) -- Stroud Resources Ltd. /quotes/comstock/11v!sdr (CA:SDR 0.08, 0.00, 0.00%) ("Stroud" or the "Company") announced, subject to acceptance by the TSX Venture Exchange, that it has granted options to acquire an aggregate of 3,100,000 common shares to directors and officers of the Company under Stroud's stock option plan. Each option is exercisable to acquire one common share at a price of $0.10 per share for a three-year period. The options vest as to one-third immediately and one-third on each of the 7 and 13 month anniversaries of the date of grant.

Stroud is a debt-free exploration company focused on the discovery and exploration of silver and gold deposits in Mexico and Ontario. Stroud owns a 100% interest in the Santo Domingo epithermal silver-gold project in central Mexico. In addition to the Santo Domingo project, Stroud's assets include 100% interests in the Hislop gold property, near Timmins, Ontario and the Leckie gold property, near North Bay, Ontario. Stroud also generates cash flow from a 3.75% interest in six natural gas, and natural gas condensate wells in central Alberta.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Source