Jul. 18, 2011 (Canada NewsWire Group) --
WINNIPEG, July 18, 2011 /CNW/ - SGX Resources Inc. (TSX-V: SXR) (the "Corporation") today announced the issuance of 2,500,000 incentive stock options ("Options") to purchase its common shares, exercisable at $0.27 per common share, to various directors, officers, employees and consultants of the Corporation. The Options will expire on July 18, 2016. The Options have been issued pursuant to the Corporation's stock option plan.
The issuance of the Options is subject to the approval of the TSX Venture Exchange. If the issuance of the Options is approved by the TSX Venture Exchange, the Options will be subject to a minimum hold period of 4 months and one day in accordance with applicable securities laws and applicable policies of the TSX Venture Exchange.
Neither 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 the contents of this News Release.
Hugh Wynne, Executive Chairman. Tel: (204) 791-1723