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- 40FR12B Initial registration of securities (Canada)
- 99.1 Exhibit 99.1
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Exhibit 99.28
PRESS RELEASE
Friday, April 13, 2007
Inter-Citic Issues Options
April 13, 2007, Toronto, ON: Inter-Citic Minerals Inc. (TSX-ICI) (“Inter-Citic” or “the Company”) Chairman, Mark R. Frederick, announced the board has approved the granting of the following stock options pursuant to the terms of the Company’s Stock Option Plan:
Name of Optionholder | Relationship to Inter-Citic | Number of Options | Exercise Price | Expiry date | |||||
Adrian Ho | Director | 100,000 | $ | 1.45 | April 13, 2009 | ||||
Carlos Ho | Director | 100,000 | $ | 1.45 | April 13, 2009 | ||||
Donald Brown | Director | 100,000 | $ | 1.45 | April 13, 2009 | ||||
Dr. Timothy Cook | Consultant | 25,000 | $ | 1.45 | April 13, 2009 | ||||
James Moore | President & CEO | 100,000 | $ | 1.45 | April 13, 2012 | ||||
Lou Pasubio | VP Finance & CFO | 100,000 | $ | 1.45 | April 13, 2012 | ||||
Stephen Lautens | VP Corporate Communications | 100,000 | $ | 1.45 | April 13, 2012 | ||||
Garth Pierce | VP Exploration | 100,000 | $ | 1.45 | April 13, 2012 |
The grant of the above options is subject to regulatory approval.
On Behalf of the Board:
“Mark R. Frederick”
Chairman
ABOUT INTER-CITIC:
Toronto-based Inter-Citic Minerals Inc. is an exploration and development company with properties in the People’s Republic of China, including its Dachang Gold Project. Inter-Citic is listed on the TSX under the symbol ICI. Inter-Citic’s website is www.inter-citic.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Stephen Lautens
Vice President, Corporate Communications
Inter-Citic Minerals Inc.
(905) 479-5072 x 227
www.inter-citic.com
stephen@inter-citic.com
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