METANOR RESOURCES INC.
TSX VENTURE : MTO

METANOR RESOURCES INC.

October 16, 2009 16:00 ET

Ressources Metanor inc.-Granting of Stock Options

VAL-D'OR, QUEBEC--(Marketwire - Oct. 16, 2009) - Resources Metanor Inc. (TSX VENTURE:MTO)"Metanor" announces that, by resolutions of its Board of directors adopted on September 2009, five (5) stock options were granted in favour of a director, an officer and three employees.

A first option regarding 100,000 reserved shares was granted in favour of a new director at an exercise price of $0.41 per share, which option will be vested gradually over a period of 12 months, in a proportion of 25% for each of the next quarters, beginning on September 22, 2009.

An option regarding 100,000 reserved shares was granted in favour of an officer and three (3) stock options were granted in favour of employees, regarding respectively 20,000, 15,000 and 10,000 reserved shares. Those options, granted at an exercise price of $0.66 per share, will be vested gradually over a period of 12 months, in a proportion of 25% for each of the next quarters, beginning on September 30, 2009.

All the options granted have duration of 10 years.

Neither the 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.

105,807,582 outstanding shares

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