Spur Ventures Announces Granting of Stock Options
14 6월 2014 - 7:52AM
Marketwired
Spur Ventures Announces Granting of Stock Options
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 13, 2014) - Spur
Ventures Inc. ("Spur" or the "Company")
(TSX-VENTURE:SVU)(OTCBB:SPVEF) announces that the board of
directors of the Company has approved the granting of 2,050,000
options pursuant to the Company Stock Option Plan to directors,
officers and employees entitling them to purchase the common shares
of the Company at a price in accordance with the pricing provisions
of the Company's Stock Option Plan, being the average of the bid
and ask prices of the Company on the TSX Venture Exchange during
the three preceding trading days, of $0.32 per share until 5:00
p.m. (Vancouver time) June 13, 2019, with 12.5% vesting immediately
and 12.5% each quarter over the next two (2) years, subject to
regulatory approval.
These options represent the 2013 calendar year option allocation
to directors, officers and employees which had been previously
delayed due to the imposition of various blackout periods as the
Company pursued a number of alternative corporate transactions. The
Directors consider this to be the appropriate time to proceed with
the 2013 stock option allocation as they believe that at this time
there is no material undisclosed information in respect of the
Company, the Transaction or any other potential corporate
transactions.
On behalf of the Board of Directors
John Morgan, President and Chief Executive Officer
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.
Spur Ventures Inc.John MorganPresident and Chief Executive
Officer+1 604 689 5564
(TSXV:SVU)
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