Mazarin Inc.: Announcement

Marketwired

THETFORD MINES, QUEBEC--(Marketwire - Dec 4, 2012) - At a regularly scheduled meeting held on November 22, 2012, the Board of Directors of Mazarin Inc. (the "Corporation") (TSX VENTURE:MAZ.H)(NEX:MAZ) has decided to grant to officers and directors a total of 1,450,000 options to purchase common shares of the Corporation at a price of $0.02, being the closing price of the common shares of the Corporation on NEX on November 21, 2012, in accordance with the terms and conditions of the Stock Option Plan of the Corporation, approved by its shareholders. The Corporation has received notice from the TSX Venture Exchange that the minimum exercise price for incentive stock options is $0.10 per share. At a meeting held on December 3, 2012, the Board of Directors of the Corporation increased from $0.02 to $0.10 per share the exercise price for the 1,450,000 options to purchase common shares.

Contact:
John LeBoutillier
President
(418) 338-5195
(418) 338-6069
jleboutillier@mazarin-inc.com

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