Glamis Resources Ltd.
TSX VENTURE : GLM.A
TSX VENTURE : GLM.B

Glamis Resources Ltd.

November 26, 2008 15:44 ET

Glamis Resources Ltd.: News Release

CALGARY, ALBERTA--(Marketwire - Nov. 26, 2008) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS

Glamis Resources Ltd. ("Glamis" or the "Company") (TSX VENTURE:GLM.A) (TSX VENTURE:GLM.B) announces that pursuant to the policies of the TSX Venture Exchange and the Company's stock option plan, the Board of Directors of Glamis has granted stock options to acquire an aggregate of 530,000 Class A Shares of the Company to certain directors, officers, employees and consultants of the Company at a price of $0.50 per share. The options will expire on November 25, 2013.

Glamis Resources Ltd. is a junior oil and gas company formed to generate and develop its own prospects, acquire oil and gas properties and participate with joint venture partners in oil and gas exploration and development in the Western Canadian Sedimentary Basin. The Company's Class A shares and Class B shares trade on the TSX Venture exchange under the symbols GLM.A and GLM.B. The Company currently has 24,190,442 Class A shares and 922,500 Class B shares outstanding.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Glamis Resources Ltd.
    Mr. Brent McKercher
    President & Chief Executive Officer
    (403) 265-7200 ext. 222
    (403) 265-7150 (FAX)
    or
    Glamis Resources Ltd.
    Mr. Darwin Little
    Vice President, Finance & Chief Financial Officer
    (403) 265-7200 ext. 225
    (403) 265-7150 (FAX)