Re-Pricing Stock Options
Vancouver, British Columbia – Friday, August 30, 2013 – Minaean International Corp. (TSX Venture Exchange: MIB; Berlin and Frankfurt Stock Exchanges: NJA) (“Minaean” or the “Company”) wishes to announce that previously granted stock options to a number of employees, officers, directors and consultants to acquire an aggregate of 3,870,000 common shares at a price of $0.10, exercisable on or before September 4, 2014 and May 28, 2018 have been re-priced to $0.065 per share.
This transaction is subject to regulatory approval.
Re-priced stock options held by insiders are subject to disinterested shareholder approval at the Company’s next annual general meeting.
Minaean is well known for its pioneering efforts in the manufacture of light gauge steel components for the construction industry and modular metal buildings. The strong, affordable, ecologically sustainable structures present a promising solution to the mass housing shortages in developing countries and disaster-stricken areas, in addition to a range of conventional applications.
The shares of Minaean International Corporation (parent company) are publicly traded on the TSX Venture Exchange under the symbol “MIB” and on the Berlin and Frankfurt Stock Exchanges under the symbol “NJA”. For more information, please visit www.minaean.com.
On behalf of the Board of Directors
MINAEAN INTERNATIONAL CORP.
President & Director
For Further Information Please Contact:
Minaean International Corp.
Toll free: 1-855-684-2181