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Cougar Minerals Corporation Grants Additional Stock Options

Monday, 03 December 2012 05:28 PM

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Cougar Minerals Corporation - TSX-V: COU ("Cougar" or the "Company") reports that further to the Company's press release dated November 29th, 2012, Cougar has granted incentive stock options to a director of the Company to purchase an aggregate of 100,000 common shares of the Company, at an exercise price of $0.16 per common share expiring five years from the date of grant.

The options are being granted pursuant to the Company's incentive stock option plan which was approved by shareholders on March 29, 2012 and are subject to any necessary regulatory or stock exchange requirements.

Prior incentive stock options issued in the amount of 227,500 have been cancelled.

Cougar Minerals Corp. is listed on the TSX-V (Symbol: COU). There are 13,557,899 common shares issued and outstanding.

For more information, please contact:
Cougar Minerals Corporation
Max Polinsky, CFO/Secretary
(204) 989-24
www.cougarminerals.com

COUGAR MINERALS CORPORATION

s/ "Max Polinsky"
Max Polinsky
Chief Financial Officer

The TSX Venture Exchange, nor its Regulation Services Providers (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The information in this release may contain forward-looking information under applicable securities laws. This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied in the forward-looking information.

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