Business
FAIRMONT RESOURCES INC. ANNOUNCES INCENTIVE STOCK OPTIONS GRANTED
FAIRMONT RESOURCES INC. ANNOUNCES INCENTIVE STOCK OPTIONS GRANTED
About this update from Future Mineral Resources Inc.
[{"type":"text","content":"\nFAIRMONT RESOURCES INC. ANNOUNCES INCENTIVE STOCK OPTIONS GRANTED\n\n\n Nov. 4, 2010 (TheNewswire.ca) -- Vancouver B.C. November 4, 2010: Fairmont Resources Inc. (TSXV:FMR) (\"FMR\" or the \"Company\")(FMR: TSX-V) advises that 1.25 million incentive stock options have been granted to directors, officers, employees and consultants of the company. The options are exercisable at $0.31 per share for a period of five years, subject to regulatory approval. The options are subject to a four month hold period.About Fairmont Resources Inc.:Fairmont is a mineral exploration company focused on exploration and development of gold resources in the prolific Shebandowan Greenstone Belt, Ontario, which hosts numerous past and present producers, resources and active exploration projects serviced by excellent infrastructure. The Clay-Powell project, where exploration is set to commence in fall 2010, is located approximately 140 kilometers from Thunder Bay,On Behalf of the Board,\"Bernard Dewonck\"Bernard DewonckPresidentNeither the 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.\" News release contains certain \"Forward-Looking Statements\" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.For further information contact:Rain CommunicationsNelson Da Silva Tel: 604-648-0523 (direct)Ralph Biggar Tel: 604-306-2525 (direct)Copyright (c) 2010 Thenewswire.ca - All rights reserved.\n\n\n \n","length":2202,"tagName":"div"}]