Pure Nickel Inc. Amends Stock Option Plan and Prices Optionsadmin
Pure Nickel Inc. reports that, subject to TSX Venture Exchange and shareholder approval, it has amended its current stock option plan by increasing the number of shares reserved for issuance from 1,400,000 to 4,300,000 shares. Previously announced options granted to certain directors, officers and service providers have now been priced in accordance with the policies of the TSX Venture Exchange at $0.90 based on the closing price of $0.91 on April 12, 2007.
About Pure Nickel:
Pure Nickel is a mineral exploration company with three advanced nickel sulphide projects in Canada and Alaska. The Company’s $8.0 million 2007 exploration program is now underway and is fully funded and drill ready.
This release was prepared by management of Pure Nickel Inc. who take full responsibility for its contents.
Neither the TSX Venture Exchange nor the NASD OTC Bulletin Board has reviewed nor accepts responsibility for the adequacy of this news release.
J. Jay Jaski Pure Nickel Inc. Chairman & CEO (416) 644-0066 (416) 644-0069 (FAX) Email: email@example.com
Source: Pure Nickel Inc.