You know they actually have to buy the shares at .58. I don't see it having a lot of impact unless the stock moves well above that area.
American Manganese Grants Incentive Stock Options
August 19, 2011 - Vancouver, British Columbia
American Manganese Inc., (TSX.V: AMY; Pink Sheets: AMYZF; Frankfurt: 2AM) (“American Manganese” or the “Company”) announces that the board of directors has authorized the grant of 4,253,000 incentive stock options pursuant to its Stock Option Plan to Directors, Officers, Employees and Consultants of the Company. These options are exercisable at a price of $0.58 per share for a period of five years and are subject to vesting provisions in accordance with the Company’s Stock Option Plan.
About American Manganese Inc:
American Manganese Inc. is a diversified specialty and critical metal Company focusing on potentially becoming the lowest cost producer of electrolytic manganese from its Arizona Manganese Project. The Company is well financed ($7 million) to execute its contemplated work programs.
On behalf of Management
AMERICAN MANGANESE INC.
Larry W. Reaugh
President and Chief Executive Officer
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