Uracan grants stock options
Uracan Resources Ltd. (the “Company”) reports that pursuant to the Company’s Stock Option Plan, it has granted a total of 375,000 stock options at an exercise price of $0.53 per share to employees and Consultants.
350,000 of these options have been granted to Vanguard Shareholder Solutions Inc. (“Vanguard”), an independent company, who have been providing public relations services to the Company since April 2006. The Options granted to Vanguard will be subject to a 12 month vesting schedule in accordance with TSX Venture requirements and will have a 2 year term.
For further information
Gregg J. Sedun, President and CEO, (604) 682-5580
Keith Schaefer, Vanguard Shareholder Solutions Inc., (604) 608-0824, www.vanguardsolutions.ca
Source: Uracan Resources Ltd.
