Alhambra Resources Ltd.

Alhambra Resources Ltd.

March 14, 2005 17:51 ET

Alhambra Resources Ltd. Announces Granting of Stock Options


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: ALHAMBRA RESOURCES LTD.

TSX VENTURE SYMBOL: ALH

MARCH 14, 2005 - 17:51 ET

Alhambra Resources Ltd. Announces Granting of Stock
Options

CALGARY, ALBERTA--(CCNMatthews - March 14, 2005) - Alhambra Resources
Ltd. (TSX VENTURE:ALH) announces its intention to grant stock options to
directors, officers and employees to purchase up to an aggregate of
1,000,000 common shares of the Corporation at an exercise price of $0.55
per share. The options are expected to be granted for a three year term
effective March 14, 2005. These options will be granted in accordance
with the terms and conditions of the Corporation's stock option plan and
is subject to approval of the TSX Venture Exchange Inc.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Alhambra Resources Ltd.
    Elmer B. Stewart
    President & Chief Operating Officer
    (403) 228-2855 or Toll Free: 1-888-290-1335
    or
    Alhambra Resources Ltd.
    Jim Clarke
    Investor Relations
    (403) 228-2855 or Toll Free: 1-888-290-1335
    Website: www.alhambraresources.com
    The TSX Venture Exchange Inc. has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this news release.