Allana Resources Inc.
TSX VENTURE : AAA

Allana Resources Inc.

June 19, 2008 13:04 ET

Allana Announces Stock Options

TORONTO, ONTARIO--(Marketwire - June 19, 2008) - Allana Resources Inc. (TSX VENTURE:AAA) ("Allana" or "The Company") is pleased to announce that it has granted a total of 2,030,000 options under the stock option plan of the Company to various officers, directors and consultants. The options have an exercise price of $0.62 per option exercised and will vest immediately subject to the statutory four month hold. The options shall expire five years from the date of grant and remain subject to regulatory approval.

About Allana Resources Inc.

Allana is a publicly traded corporation with a focus on the acquisition and development of potash assets internationally. Allana has approximately 35 million shares outstanding and trades on the TSX-Venture exchange under the symbol "AAA".

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

Contact Information

  • Allana Resources Inc.
    Julian Bharti
    (416) 861-5907