CALGARY, June 19 /PRNewswire-FirstCall/ -- Infinito Gold Ltd. ("the Company") announces that it has granted incentive options under its Stock Option Plan to directors, officers, employees and consultants entitling them to purchase up to 3,810,000 shares in its capital. Directors and officers received 2,800,000 of the incentive options and employees and consultants received 1,010,000. The shares are exercisable on or before June 18, 2014 at a price of $0.18 per share. All of the options vest upon grant except for a total of 800,000 of the options granted to the Chairman, President and the Vice President of Operations. These options vest in two tranches upon the achievement of milestones within certain timeframes; the first tranche of 400,000 options vest upon re-commencement of full scale mine construction, and the second tranche of 400,000 options vest upon the Company producing 40,000 ounces of commercial gold production from the Company's Crucitas gold property located in Costa Rica.
"John Morgan" John Morgan, President INFINITO GOLD LTD. "The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release."
Infinito Gold Ltd.
CONTACT: INFINITO GOLD LTD., 216, 102 - 8th Avenue S.W., Calgary,
Alberta, T2P 1B3, Telephone: (403) 444-5191
