Bridgeport Ventures Inc.

Bridgeport Ventures Inc.

December 08, 2009 14:32 ET

Bridgeport Ventures Inc. Announces Grant of Options

TORONTO, ONTARIO--(Marketwire - Dec. 8, 2009) - Bridgeport Ventures Inc. (TSX VENTURE:BPV) ("Bridgeport" or the "Company") announces that a total of 825,000 options to purchase common shares of the Company have been granted to a director and consultants at an exercise price of $1.40 per share, expiring on December 7, 2014. The grant is under the terms of Bridgeport's stock option plan and includes the grant of 300,000 options to Mr. Hugh Snyder, Chairman of Bridgeport.

The grant is subject to regulatory approval.

Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Bridgeport, including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, risks associated with mining activities, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Neither 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 this release.

Contact Information

  • Bridgeport Ventures Inc.
    Mr. Hugh Snyder
    (416) 350-2356