TORONTO, Oct. 24 /CNW/ - Woodruff Capital Management Inc. (WOO - TSX-V) announced that it has granted 460,000 stock options to its directors to purchase common shares of the Company at an exercise price of $0.60 per share expiring October 24, 2010. Woodruff is also pleased to announce that it has established a division for its resource exploration interests that will operate under the name of Cogitore Resources (Ressources Cogitore in Quebec). The Company has 17,583,328 shares issued and outstanding. ------------------------------------------------------------------------- The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. ------------------------------------------------------------------------- %SEDAR: 00020132E