Athabasca Minerals Inc (AMI)

[junkHustler]

Athabasca Announces Grant of Stock Options

EDMONTON, ALBERTA--(Marketwire - March 30, 2012) - Athabasca Minerals Inc. ("Athabasca" or the "Company") (TSX VENTURE:ABM) announces that its Board of Directors has approved the grant of 1,205,000 stock options to the Company's directors, officers, employees and consultants, subject to regulatory and TSX Venture Exchange approval. The options were issued with an exercise price of $0.63 per share, vest as to one-third (1/3) on each of 6, 12 and 18 months from the date the respective option agreements were executed, and have a five year term.

About Athabasca Minerals

Athabasca Minerals Inc. is a resource company involved in the management, exploration and development of aggregate projects. These activities include contracts works, aggregate pit management, new aggregate development and acquisitions of sand and gravel operations. The Corporation also has industrial mineral land holdings in the vicinity of Fort McMurray and Peace River, Alberta, for the purpose of locating and developing sources of industrial minerals and aggregates essential to high growth economic development.