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19 August 2011

Stock options granted to directors

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Stock options granted to directors

Matamec Explorations Inc. ("Matamec") announces that the Board of Directors, approved the granting of 1,200,000 stock options to Directors. Each Director of the Company was granted options to acquire 200,000 common shares of the company at a price of $0.22 per share for a period of five years. These options, as well as the terms and conditions of their exercice, are governed by the Company’s Stock Option Plan.
About Matamec
Matamec is a mining exploration company which is exploring for significant gold deposits pills without prescription in Ontario and uranium deposits in Québec. For gold, it has mainly targeted the East Timmins mining camp, in particular properties that are underexplored or have only been explored near-surface. Matamec also holds many exploration properties in Quebec, including more then 4 properties for uranium.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.