News Release
Thursday, February 28, 2008
Messina (MMI-TSXV) Results of AGM
Messina Minerals Inc. (MMI-TSXV) announces the results of its Annual General Meeting ("AGM") held in Vancouver on February 26, 2008. AGM Results The following matters were approved at the meeting as set out in the Company's Information Circular dated January 8, 2008:
Grant of Options The Company has granted under its Stock Option Plan 850,000 options to certain employees, officers, directors, and/or consultants effective February 28, 2008 at a price of $0.49 for a term of three years. The Company has also granted BMK Communications Inc ("BMK") a total of 150,000 incentive stock options at a price of $0.49 for a term of three years from the date of this release, subject to regulatory approval. The options will vest 25% upon granting and 25% every four months during this one year period. BMK provides corporate communications services to public companies and specializes in the development and management of customized marketing programs. Messina Minerals Inc. is exploring for zinc-lead-copper-silver-gold massive sulphide deposits in central Newfoundland in a region known historically for its zinc resources and where the Company has outlined indicated/inferred mineral resources at "Boomerang" and "Domino". Messina's strategy is to discover zinc-copper mineralization that is additive to the Company's zinc-lead-copper-silver-gold resource base. On behalf of the Board of Messina Minerals Inc. "Peter Tallman" President The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. For further information Please contact: Peter Tallman, President or Carey Livingstone, Corporate Communications (604) 688-1508 Fax: (604) 601-8253 Email: info@messinaminerals.com Website: www.messinaminerals.com
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Messina Min. is a zinc and lead exploration company based in Canada.
Messina Min. holds various exploration projects in Canada.
Its main exploration properties are PUKASKA, LONG LAKE, HAVEN STEADY PROPERTY, COSTIGAN LAKE PROJECT, VICTORIA RIVER PROJECT, BOBBY'S POND PROJECT, HEALY BAY, TOPSAILS PROJECT, DANIELS HARBOUR, SUTHERLANDS POND, HUNGRY HILL, YORK HARBOUR, TULKS SOUTH - HURRICANE, TULK SOUTH - DOMINO, TULK EAST B ZONE, TULK SOUTH BOOMERANG, TULK EAST A ZONE, TULK LONG LAKE MAIN ZONE, SKIDDER, JAMES BAY LOWLANDS CLAIMS and PUKASKWA in Canada.
Its stock quote reached its highest recent level on December 30, 2005 at CA$ 4.13, and its lowest recent point on February 01, 2013 at CA$ 0.01.
Messina Min. has 12 583 000 shares outstanding.