Chapleau Resources Ltd.: Company Grants Incentive Stock Options
05 Febbraio 2008 - 7:40PM
Marketwired
CRANBROOK, BRITISH COLUMBIA wishes to announce that it has
granted officer and consultants incentive options to purchase
700,000 shares in its capital stock at a price of $.45 per share
exercisable until Feb. 5, 2018.
The incentive options have been issued in accordance with the
Company's option plan and are subject to regulatory approval.
In addition two directors have agreed to reduce their
outstanding stock options by a combined total of 2,500,000 shares
in order to provide room under the company's option plan for future
grants.
This press release is available on the Chapleau Resources IR HUB
for investor commentary, feedback and questions. Investors are
asked to visit http://www.agoracom.com/IR/Chapleau.
BY ORDER OF THE BOARD OF DIRECTORS
CHAPLEAU RESOURCES LTD.
Eric Wiltzen, Director
This news release may contain forward-looking statements
including but not limited to comments regarding the timing and
content of upcoming work programs, geological interpretations,
receipt of property titles, potential mineral recovery processes,
etc. Forward-looking statements address future events and
conditions and therefore, involve inherent risks and uncertainties.
Actual results may differ materially from those currently
anticipated in such statements.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Contacts: Chapleau Resource Ltd. Eric Wiltzen Director (250)
489-5156 (250) 489-5185 (FAX) Email: info@chapleauresources.com
Website: www.chapleauresources.com
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