Monument Mining LTD. A0MSJF
Monument Mining Grants Share Purchase Options to its Directors
Vancouver, B.C. Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) ("Monument" or the "Company") announces it has granted incentive share purchase options to new directors elected at the Annual General and Special Meeting held on December 30, 2011 (the "2011 Annual General and Special Meeting").
A total of 1,000,000 stock purchase options have been granted under the existing Fixed Stock Option Plan to newly elected directors exercisable at $0.42 per share for a period of five (5) years vesting as to 50% every 12 months from the grant date. A total of 28,941,000 common shares are reserved under the Fixed Plan of which 25,799,167 have been granted up to date under the Fixed Plan to its directors, employees and consultants.
A new 10% Rolling Stock Option Plan (the "New Plan") was approved at the 2011 Annual General and Special Meeting to replace the existing Fixed Stock Option Plan. Upon implementation of the New Plan, all existing stock options will forthwith be governed by the New Plan; however any vesting schedule imposed by the Fixed Plan in respect the Existing Options will remain in full force and effect. The New Plan will not be made effective unless and until there is a sufficient number of shares of the Company issued and outstanding such that the number of outstanding options will not exceed 10% of the number of issued and outstanding shares.
The Company is also pleased to announce that George Brazier has been elected by the new board to the role of Chairman of the Company, and Graham Dickson has been elected to the role of Vice-Chairman and Technical Director. The Board also elected new committee members in line with the corporate governance policies of the Company. These committees will review and advise the Board on Corporate Governance, audit, directors/officers Compensation and disclosure matters.
Gold Production of 11,736 ounces
Release #04 - 2012
Vancouver, B.C. Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or the “Company”)today reports its second quarter production results for the three months ended December 31, 2011. Full financial and operating results for the quarter will be released by the end of February 2012. All amounts are in United States dollars unless otherwise indicated.
The second quarter gold production was 11,736 ounces compared to 11,348 ounces for the same quarter in the previous fiscal year, an increase of 3%. The average realized price per ounce of gold sold was $1,652 this quarter compared to $1,391 for the corresponding quarter in the previous fiscal year, an increase of 19%. The average processing recovery rate was 95.3% for the three month period. Cathy Zhai, CFO of Monument Mining, said: “We are pleased with another quarter of consistent production, and a favorable market for gold prices.”
Year ended, Jun. 30, 2010 | Year ended, Jun. 30, 2011 | Three months ended, Sep. 30, 2011 | Three months ended, Dec. 31, 2011 | |
Mining | ||||
Ore mined (tonnes) | 662,330 | 740,909 | 124,736 | 128,557 |
Waste moved (tonnes) | 2,326,502 | 2,707,598 | 719,080 | 686,995 |
Ore stockpiled (tonnes) | 387,545 | 773,432 | 813,175 | 859,011 |
Process | ||||
Crushed ore (tonnes) | 274,786 | 355,021 | 84,993 | 82,722 |
Ore processed (tonnes) | 272,120 | 351,999 | 86,343 | 84,182 |
Average mill feed grade (g/t) | 3.08 | 4.31 | 4.53 | 5.25 |
Processing recovery rate | 58.7% | 92.9% | 95.1% | 95.3% |
Ball mill availability (%) | 89.2% | 96.1% | 97.4% | 95.8% |
Sales | ||||
Gold produced (oz) | 13,793 | 44,438 | 11,846 | 11,736 |
Gold sold (oz) | 13,793 | 40,438 | 8,372 | 12,765 |
Revenue (in 000's)⁽¹⁾ | $16,316 | $56,627 | $14,430 | $21,084 |
Average realized gold price per ounce | $1,183 | $1,400 | $1,724 | $1,652 |
(1) Prior to achieving commercial production in September 2010, gold sales and related production costs were capitalized against the Selinsing Gold Property and construction of the gold treatment plant.
Wäre doch prima wenn jetzt auch noch ein paar Leute ihre Optionen ausüben würden ;) Verstehe das schon richtig, dass die Anzahl der Optionen die nicht ausgeübt wurden alle 12 Monate um 50% reduziert werden?
@Graflahnstein:
Könntest du deine langweilenden Kommentare die nicht wirkllich förderlich sind in dieder Diskussion nicht woanders verbreiten? Dauernd schreibst du solche S******. Wenn du was vernünftiges beizutragen hast, lese ich es gerne. Den Rest kannst du dir sparen.
@rest
Ja, sieht ja endlich wieder besser aus. Gute Umsätze. Mal schauen!
Nur weiter so
Price | Change | % Change | Volume | Day High/Low | 52 Week High/Low |
0.455 | +0.045 | +10.98% | 536,000 | 0.455/0.425 | 0.72/0.38 |
Habe hier schon genügend über MMY auch vieles gutes geschrieben!! Ich glaube nur nicht mehr dran!
Schuld sind die vielen Optionen und die Millionen von Shares die auf MMY lasten. Heute steigt das Ding mal Ok dafür geht es dann nächste Woche wieder 15 % runter!
Graf...
Also erstmal freue ich mich, dass du es über die 3 Wörter Grenze hinaus geschafft hast. Desweiteren könntest du nen Roman über MMY hier geschrieben haben. Ist total egal. Der vorletzte Beitrag bleibt trotzdem Mist...
dann warten wir mal nächste Woche ab! Die vielen "Bullisch Engulfing" die du hier immer wieder Ankündigst waren auch Mist!
Warten wir ab was mit dem Kurs von MMY passiert in den nächsten Tagen, Wochen....
Vielleicht solltest du nochmal zurück blättern. Mr. Bullish Engulfing ist Legnanao und nicht ich. Aber ok. Erst richtig lesen, dann kommt das schreiben...
Ganz genau, warten wir mal ab.