January 3, 2013 - Calgary, Alberta: Vela Minerals Ltd. (the "Company") (VLA: TSX-V) announces the exercise price of the stock options grants to Directors of the Company announced earlier today has been amended from $0.15 to $0.175 per share to reflect the most recent closing share price.
ON BEHALF OF THE BOARD
Per:/s/ "Charles Chebry"
Chief Executive Officer
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