Business
Canuc Resources Corporation Grants Stock Options and Announces new CFO
Jul. 12, 2011 (Canada NewsWire Group) -- TSX Venture Exchange Symbol: CDA Shares Outstandin...
About this update from Canuc Resources Corporation
[{"type":"text","content":"\n\n\n Jul. 12, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTSX Venture Exchange\nSymbol: CDA\nShares Outstanding: 55,635,798\n\n\nTORONTO, July 12, 2011 /CNW/ - Canuc Resources Corporation ("Canuc" or\n the "Company") announces that it has granted options to employees,\n officers and directors of the Company entitling them to purchase an\n aggregate of 1,925,000 common shares of the Company, pursuant to the\n Company's Stock Option Plan approved by the shareholders.  Each option\n entitles the holder thereof to purchase one common share at a price of\n $0.25 per common share for a period of three years.\n\n\nUnder the Company's stock option plan, a maximum of 10% of the issued\n shares of the Company at any time may be reserved for issuance at the\n time of the stock option grant.\n\n\nCanuc is also pleased to announce the appointment of Mr. Christopher\n Chadder as Chief Financial Officer. Mr. Chadder is a Chartered\n Accountant with over 20 years' experience as a business advisor and\n senior officer to junior resource companies. Mr. Chadder will work with\n current management to enhance the company's business development,\n financial compliance and financial reporting strategies.\n\n\nAbout Canuc\n\n\nCanuc is a junior mining exploration company with its principal\n properties located in Ecuador. Canuc's main exploration project is an\n approximate 85% interest in the Nambija Gold Project located in\n southeastern Ecuador. According to records o...