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Afferro Mining Grants Stock Options to Directors and Employees

The Board of Afferro Mining Inc. (AFF.V) announced today that it has granted incentive stock options to certain directors and employees of the Company. The share options were granted over a total of 2,146,000 common shares, representing approximately 2.06% of the issued share capital of the Company at an exercise price of C$0.83 per share, exercisable as follows: one third immediately; one third after one year; and one third after two years. The share options issued are capable of being exercised up to 12 January 2017.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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