VANCOUVER, British Columbia, May 16, 2011 /PRNewswire/ -- Pacific Booker Minerals Inc.'s (NYSE Amex: PBM), (CDNX: BKM.V) Board of Directors have cancelled the 100,000 options granted on November 26, 2006 at an exercise price of $7.00 and 325,000 options granted on July 3, 2007 at an exercise price of $11.00 and the 131,827 options granted on July 30, 2007 at an exercise price of $11.55. The Board of Directors have approved the granting of additional director, consultant and employee options. The approved options will be fixed in accordance with the Company's stock option plan. The options will total 606,827 shares at a price of $7.44 exercisable for a period of seven years. For information regarding Pacific Booker Minerals Inc., and to view our Khandaker and Standard & Poor's reports, our 3D animations of the Morrison ore body and site plan, please visit our website home page at http://www.pacificbooker.com . If you would like to be added to our email newsgroup, please send your request by email to firstname.lastname@example.org. Contact: Gregory R. AndersonDirector, CEO and President1-800-747-99111-800-234-3680 SOURCE Pacific Booker Minerals Inc.