Takara Resources Inc.
TSX VENTURE : TKK

Takara Resources Inc.

November 17, 2009 15:56 ET

Takara Grants Stock Options

TORONTO, ONTARIO--(Marketwire - Nov. 17, 2009) -

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES

Takara Resources Inc. (TSX VENTURE:TKK) ("Takara" or the "Company") announces that it has granted an aggregate 1,500,000 incentive stock options to officers, directors and consultants of the Company; 1,250,000 of which have been granted to officers and directors. Of these, 1,000,000 are subject to disinterested shareholder approval at the Company's next annual meeting scheduled to be held on December 23, 2009.

The stock options are exerciseable at a price of $0.10 per share for a period of five years.

Certain information contained in this press release, including information and statements which may contain words such as "could", "plans", "should", "anticipates", "expect", "believe", "will", and similar expressions and statements relating to matters that are not historical facts are forward-looking information. All of the forward-looking information contained in this press release is qualified by this cautionary statement. There can be no assurance that the actual results or developments anticipated by Takara, as expressed or implied by the forward-looking information, will be realized or, even if substantially realized, that they will have the expected consequences to or effects on Takara or its business operations. Takara disclaims any intention or obligation to update or revise any forward-looking information as a result of new information or future events. Readers should not place undue reliance on forward-looking information.

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

Contact Information

  • Takara Resources Inc.
    Pamela Strand
    President
    (780) 435-0045 or (780) 903-0820 (cell)
    or
    Takara Resources Inc.
    Jennifer Boyle
    Chief Executive Officer, Chairman of the board
    (647) 430-0966 or (416) 904-2714 (cell)