BCM Bear Creek Mining Corporation

VANCOUVER, Jan. 23, 2012 /PRNewswire/ - Bear Creek Mining (TSXV: BCM) (BVL: BCM) ("Bear Creek" or the "Company") announces that the Board of Directors has authorized the grant of 2,576,200 incentive stock options under its incentive stock option plan to directors, officers and employees of Bear Creek, at an exercise price of $3.73 per share, exercisable on or before January 23, 2017. These options are exercisable for a five-year period and the grant is subject to vesting provisions in accordance with the Company's Stock Option Plan.

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SOURCE Bear Creek Mining Corporation