IGC Resources Inc.: Exercise/Sale of Options
06 Settembre 2011 - 3:30PM
Marketwired
IGC Resources Inc. ("IGC" or the "Company") (TSX VENTURE:
IGC)(PINKSHEETS: IGCGF)(FRANKFURT: I6G) is pleased to announce that
5.5 million options of Intra Energy Corp # (ASX: IEC) were
exercised at the option price of AU 0.25c and the balance of 1.75
million options were sold for AU 03c. The buyer of these options
was an entity controlled by a director of the Company. The expiry
date of the above-mentioned options was August 31st, 2011.
The Company now owns 8.35 million shares of Intra Energy
Corp.
(# Atomic Resources Inc changed its name to Intra Energy Corp in
May 2011.)
About IGC Resources Inc.:
IGC's principal business activities are the exploration and
development of its gold, copper, uranium and coal projects while
continuing to investigate other mineral resource prospects for
potential acquisition globally.
DATED at Kelowna, BC, this 5th September, 2011.
Statements in this release may constitute forward-looking
statements which involve known and unknown inherent risks and
uncertainties that are detailed in IGC's periodic filings with
Canadian securities regulators. Given these risks and
uncertainties, investors should not place undue reliance on
forward-looking statements as a prediction of actual results.
Actual events or results could differ materially from IGC's
expectations and projections.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: IGC Resources Inc. John McColl Director/Compliance
Manager +1 (250) 868-0868 igcresources@gmail.com
www.igcresources.com
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