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Further, the Company advises that it has increased the number of shares available under its Stock Option Plan to 2,164,004, including any outstanding options originally granted outside the plan. This increase was approved by disinterested shareholders of the Company at its annual meeting held on June 5th, 2003. The granting of stock options under the Stock Option Plan is subject to regulatory approval.
Vancouver-based IMPACT Minerals International Inc. is engaged in the exploration and development of precious and base metals projects in the Dominican Republic. IMPACT is 47% owned by Energold Mining Ltd. (EGD:TSX.V), a profitable exploration and drill contracting company.
On behalf of the Directors of IMPACT Minerals International Inc.
"Frederick W. Davidson", President
For further information please contact:
Fred Davidson - President or
Darrell Rader - Corporate Development
The TSX Venture Exchange has neither approved nor disapproved this news release.
