Union Gold Inc.: Grant of Incentive Stock Options
16 10월 2008 - 12:41AM
Marketwired
Union Gold Inc. (TSX VENTURE: UN), CUSIP number 90669H204,
announces that pursuant to the Company's Rolling Stock Option Plan
(approved by the Shareholders on June 6th, 2008) the following
options have been granted to the President and Director, Jeffrey J.
Becker 400,000, to Maureen L. Friesen, Director 100,000, Grant V.
Ohman, Director, 100,000, William R. Troup, Consultant, 108,000,
Sigrid I. Ades, Secretary-Treasurer, 108,000 for a total of 816,000
Common Shares at an exercise price of $0.25, expiry date October
14th, 2013. The Fair Market Value at grant was $0.20 per share.
As reported previously there are the following options
outstanding:
62,500 options, exercise price $0.12, expiry date July 7th, 2009
and 375,000 options at $0.12, expiry date February 19th, 2013. A
total of 1,253,500 shares have been reserved for the granting of
stock options under the Stock Option Plan. At present the issued
and outstanding number of shares is 12,535,000.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ACCURACY OF THIS RELEASE
Contacts: Union Gold Inc. Sigrid I. Ades Secretary-Treasurer
(416) 364-0042 or 1-800-442-0824 (416) 364-2630 (FAX) Email:
thebeckergroup@bellnet.ca
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