Business
Champion Bear grants share options
CALGARY, Jan. 25 /CNW/ - (TSX Venture: CBA), Champion Bear Resources Ltd. ("Champion Bear") annou...
About this update from Champion Bear Resources Ltd.
[{"type":"text","content":"\n\n\n\nCALGARY, Jan. 25 /CNW/ - (TSX Venture: CBA), Champion Bear Resources Ltd.\n("Champion Bear") announced today that it has granted options to acquire\n118,000 common shares of Champion Bear to the Chairman and President of the\ncompany at an exercise price of $0.41 per share until January 24, 2013. The\noptions vest as to one-third thereof on each of the dates that are six, 12 and\n18 months from the date of the grant.\n\n\nChampion Bear is a mineral exploration company focused exclusively on the\nhistorically prospective regions of Ontario. The Company's primary target is\nplatinum group and precious metals and to a lesser extent polymetallic base\nmetal and pegmatite-hosted tantalum deposits. Champion Bear's aim is to create\nshareholder value through selective property acquisition and joint venture\nfollowed by focused exploration emphasizing drilling. The Company has\nassembled a large land position in the Dryden and Sudbury areas, totaling over\n16,000 hectares.\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\n\n\nresponsibility for the adequacy or accuracy of this release.\n\n\n","length":1179,"tagName":"div"}]