Last checked at 10 Dec 2008 07:00
Tertiary Minerals plc (or the "Company")
Grant of Warrants
10 December 2008
Tertiary Minerals plc announces today that it has granted 2,900,000 warrants on 9 December 2008 at an exercise price of 2.375p to employees and directors of the Company. The grants included the following directors:
| Name | Number of warrants granted |
| Patrick Cheetham (Executive Chairman) | 1,500,000 |
| David Whitehead (Non-executive Director) | 300,000 |
| Donald McAlister (Non-executive Director) | 300,000 |
The warrants are not exercisable until the first anniversary of the date of grant and may not in any event be exercised later than the fifth anniversary of the date of grant.
Enquiries:
Patrick Cheetham Tertiary Minerals plc 01625 626203
Jonathan Wright Seymour Pierce Ltd 020 7107 8000