Pebble Creek Mining Ltd. announces grant of stock optionsadmin
Tuesday, August 26th 2008
Pebble Creek Mining Ltd. announces that it has granted stock options to directors, officers, employees and consultants for the purchase of up to a total of 1,890,000 common shares of the Company (the “Options”) at an exercise price of $0.24 per share. The Options have a term of 5 years and are governed by the Company’s Stock Option Plan, which is a ‘rolling’ plan whereby options to purchase common shares may be granted up to a maximum 10% of the issued and outstanding common shares of the Company from time to time.
All shares issuable pursuant to the exercise of the Options are subject to a hold period of four months and one day commencing from the date the Options were granted.
For further information: Mike Romanik, Investor Relations, Verenex Capital Corp., Telephone: (204) 724-0613