Virginia Mines grants options to buy 175,750 shares

Virginia Mines Inc (C:VGQ)
Shares Issued 32,372,847
Last Close 1/14/2013 $9.86
Tuesday January 15 2013 - News Release

Mr. Andre Gaumond reports


Virginia Mines Inc. has granted 175,750 stock options to its directors, officers, employees and service providers.

Of this number 50,000 have been granted to its directors and officers, and 125,750 have been granted to its employees and service providers. Each stock option entitles its holder to subscribe to one common share of Virginia at a price of $9.87 per share, which is higher than the Jan. 14, 2013, closing price on the Toronto Stock Exchange. These options are valid for a 10-year period.

We seek Safe Harbor.

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