Gunpoint Exploration Ltd. Announces Stock Option Grant
22 Dicembre 2010 - 9:47PM
Marketwired
Gunpoint Exploration Ltd. ("the Company") (TSX VENTURE: GUN)
announces that, subject to regulatory approval, it will grant a
total of 2,125,000 options to purchase common shares of the Company
at an exercise price of $1.41 to directors, officers and employees
pursuant to the Company's stock option plan. This action is being
taken in conjunction with the Company's recent share consolidation
and name change, which took effect on November 16, 2010 and the
appointment of new directors to include P. Randy Reifel, Daniel
Kunz and Gerald Sneddon approved at the Company's annual and
special general meeting held on November 8, 2010. Refer to the
Company's news releases dated November 10, 2010 and November 16,
2010 for further details regarding the share consolidation and name
change. The Company previously announced a stock option grant by a
news release issued on November 30, 2010. The Company did not grant
the options announced on November 30, 2010.
About Gunpoint Exploration Ltd.
The Company is a publicly traded mineral exploration company.
For a more complete business and financial profile of the Company,
interested parties are encouraged to visit the Company's website,
www.gunpointexploration.com.
This news release contains forward-looking statements that
address future events and conditions and are subject to various
risks and uncertainties in relation to the Company.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Gunpoint Exploration Ltd. Dr. E. Max Baker President
604-408-8829 Gunpoint Exploration Ltd. P. Randy Reifel Chairman
604-731-1094 www.gunpointexploration.com
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