Ruby Red Resources Inc.
TSX VENTURE : RRX

Ruby Red Resources Inc.

April 28, 2010 18:22 ET

Ruby Red Resources Grants Stock Options

CALGARY, ALBERTA--(Marketwire - April 28, 2010) - Ruby Red Resources Inc. (TSX VENTURE:RRX) ("Ruby Red") announced today, that, pursuant to its stock option plan, and subject to TSX Venture Exchange approval it has granted options to acquire up to 650,000 common shares of Ruby Red, to three (3) officers, one of whom is a Director, and one consultant of Ruby Red. The options have a five year term expiring on April 28, 2015, and are exercisable until that time at a price of $0.10 per common share. Any common shares issued upon exercise of the options will be subject to a hold period expiring on August 29, 2010.

Ruby Red was formed to participate in the acquisition, exploration and development of mineral claim in the Fort Steele Mining Division of British Columbia for the purpose pf exploring for precious and base metals. In addition to the properties Ruby Red has recently acquired, the Corporation holds 100% working interest in 135 mineral claims (approximately 40,000 hectares), all located within 35 kilometres of Cranbrook, BC in the Purcell and Rocky Mountains. 

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED, AND DOES NOT ACCEPT RESPONSIBILITY FOR, THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact Information

  • Ruby Red Resources Inc.
    Richard Grayston
    President and CEO
    (403) 770-1346 or 1-866-257-4337