Odyssey Resources Limited

Odyssey Resources Limited

January 07, 2005 12:30 ET

Odyssey Issues Stock Options


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: ODYSSEY RESOURCES LIMITED

TSX VENTURE SYMBOL: ODX

JANUARY 7, 2005 - 12:30 ET

Odyssey Issues Stock Options

TORONTO, ONTARIO--(CCNMatthews - Jan. 7, 2005) - Avrom E. Howard,
President and CEO of Odyssey Resources Limited (TSX VENTURE:ODX) reports
that the Company's board of directors has approved the issuance of
options to purchase up to 750,000 common shares at an exercise price of
C $0.15 per share to officers and consultants of the Company. These
options are valid for a period of five years from the date of issue and
are subject to regulatory approval.

The statements made in this Press Release may contain forward-looking
statements that may involve a number of risks and uncertainties. Actual
events or results could differ materially from the Company's
expectations and projections. The TSX Venture Exchange has not reviewed
and does not accept responsibility for the adequacy or accuracy of this
news release.

-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Odyssey Resources Limited
    Avrom E Howard
    President and CEO
    (416) 362-6955
    or
    Odyssey Resources Limited
    Lori-Ann Sattler
    Investor Relations
    (416) 362-6955
    info@odysseyresources.com
    www.odysseyresources.com