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TOWER GRANTS INCENTIVE STOCK OPTIONS

(via Thenewswire.ca) Mark Vanry, president of Tower Energy Ltd. ("the Company"), is pleased t...

articleTower Resources Ltd.August 12, 20115/company/tower-resources-ltd/news/tower-grants-incentive-stock-options-1
TOWER GRANTS INCENTIVE STOCK OPTIONS

About this update from Tower Resources Ltd.

[{"type":"text","content":"\nTOWER GRANTS INCENTIVE STOCK OPTIONS\n\n(via Thenewswire.ca)\n\n \nMark Vanry, president of Tower Energy Ltd. (\"the Company\"), is pleased to announce a grant of 750,000 incentive stock options to an officer of the Company. The incentive stock options (the \"Options\") are priced at $0.10 each and may be exercised for a period of up to three years from the date of grant with 12.5% of the options vesting at the date of grant and an additional 12.5% vesting every three months thereafter.\n\n\n \nTOWER ENERGY LTD.\n\n\n \n\"Mark Vanry\"\n\n\n \nPresident CEO\n\n\n \n530 - 510 Burrard Street\n\n\n \nVancouver, BC, Canada V6C 3A8\n\n\n \nTel: (604) 558-2565\n\n\n \nCell: (778) 997-7573\n\n\n \nEmail: [email protected]\n\n\n \nNeither the TSX Venture Exchange nor its Regulatory Service (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\n\n\n Copyright (c) 2011 Thenewswire.ca - All rights reserved.\n","length":1116,"tagName":"div"}]

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