Trading Symbol (TSXV: UUU)
VANCOUVER, July 7 /CNW/ - UrAsia Energy Ltd. ("UrAsia") reports today
that pursuant to the Company's Stock Option Plan, a total of 870,000 incentive
stock options have been granted to officers, new employees and consultants of
the Company. The options are exercisable at a price of CAD$2.65 per share for
a period of ten years.
UrAsia Energy is a Canadian-based uranium producer that offers investors
exposure to low-cost, uranium production and growth. The Company plans to
create shareholder value by focusing on development and operation of low-cost,
in-situ leach uranium projects in Central Asia.
UrAsia is listed on the TSX Venture Exchange, trading under the symbol
UUU.
On behalf of UrAsia Energy Ltd.
"Phillip Shirvington"
President and Chief Executive Officer
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. The foregoing
information may contain forward-looking statements relating to the future
performance of UrAsia Energy Ltd. Forward-looking statements, specifically
those concerning future performance, are subject to certain risks and
uncertainties, and actual results may differ materially. These risks and
uncertainties are detailed from time to time in the Company's filings with the
appropriate securities commissions.
