Cornerstone Metals Announces Repricing of Stock Options
07 Dicembre 2012 - 8:33PM
Marketwired Canada
Cornerstone Metals Inc. (TSX VENTURE:CCC) (the "Company"), announces that it has
re-priced 187,000 outstanding incentive stock options of the Company from
exercise prices ranging between $0.70 and $1.50 to $0.12. The options are held
by insiders and expire from dates ranging from November 14, 2013 to March 22,
2015. The options are held as follows:
Name Number of Options
Paul S. Cowley 70,000
Robert G.McMorran (Malaspina Consultants.) 47,000
Frederick J. Sveinson 70,000
The Company sought and received disinterested shareholder approval at the annual
general meeting held on July 19, 2011. The re-pricing is subject to approval of
the TSX Venture Exchange.
On Behalf of the Board of Directors,
Courtney Shearer, Interim President and CEO
FOR FURTHER INFORMATION PLEASE CONTACT:
Cornerstone Metals Inc.
Courtney Shearer
Interim President and CEO
(403) 804-8636
(888)255-9404 (FAX)
courtneyshearer@me.com
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