News Releases
April 25, 2002
The Company announces that it has re-priced previously granted incentive stock options
The Company announces that it has re-priced previously granted incentive stock options exercisable for up to 770,000 shares of the Company at $0.28 per share to $0.10 per share, subject to regulatory approval. The options are exercisable to October 20, 2004.
IMPACT Minerals International Inc. is engaged in the exploration and development of minerals worlwide. The Company's principal activities are currently focussed on precious and base metal opportunities in the Dominican Republic. Under an agreement to earn a 51% interest over the next two years in three of the Company's concessions, Exploration and Discovery Latin America (Panama) Inc., a wholly owned subsidiary of Minmet plc., is spending up to US$1.7 million in exploration expenditures on the Company's properties.
On behalf of the Directors of IMPACT Minerals International Inc.
"F.W. Davidson"
For further information please contact:
President Fred Davidson or
Walter Sellmer
The TSX Venture Exchange has neither approved nor disapproved this news release.
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