Trading Symbol TSX:V GTC
VANCOUVER, Aug. 9 /CNW/ - The Company announces that, pursuant to the Company's Stock Option Plan, it has granted 1,000,000 incentive share options to president, Dr. Corby Anderson CEng FIChemE, exercisable at $0.25 for a 4 year term with the options vesting one-third December 31, 2007, one-third December 31, 2008 and the balance, December 31, 2009 and also 500,000 incentive share options to its newly appointed investor relations manager, Paul Frigstad, exercisable at $0.25 for a term of 2 years with the options vesting one-quarter October 20, 2007, one-quarter January 20, 2008, one-quarter April 20, 2008 and the balance, July 20, 2008.
ON BEHALF OF THE BOARD OF DIRECTORS
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John M. Parks, Director and General Counsel
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or accuracy of this release.