MONTREAL, QUEBEC -- (Marketwire) -- 02/21/12 -- NEVADO RESOURCES CORPORATION (TSX VENTURE: VDO)(FRANKFURT: NSV) (the "Corporation" or "Nevado") announces the granting, pursuant to its Stock Option Plan, of 800,000 options to its directors and officers. Each option is exercisable at a price of $0.35 for a period of five years from the date of grant.
About Nevado Resources Corporation
NEVADO is a Canadian junior resource company trading under the symbols VDO on the TSX Venture Exchange and NSV on the Frankfurt Stock Exchange. NEVADO owns 2,318 mineral claims or an equivalent of 1,227 km2 in the Baie-Comeau, Fermont and Eastern Townships regions of Quebec. The Corporation is currently focused on advancing the La Blache Iron-Titanium-Vanadium Project in the Baie-Comeau region towards National Instrument 43-101 mineral resources and development.
Please visit our website at www.nevadoresources.com
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Contacts:
Mr. Michael Curtis
President and CEO
(514) 793-1915
