Bearclaw Capital Corp.
TSX VENTURE : BRL
FRANKFURT : 5BQ

Bearclaw Capital Corp.

August 20, 2015 17:17 ET

Bearclaw Announces Grant of Options to Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 20, 2015) - Bearclaw Capital Corp. (TSX VENTURE:BRL)(FRANKFURT:5BQ) announces that it has granted options to directors and consultants pursuant to its stock option plan (the "Plan"). Options to acquire 900,000 common shares were granted to the directors and consultants. All of the options are for a five-year term which expires on August 19, 2020. For each grant, 30% vests immediately, subject to a four month hold period, 30% vests on the first anniversary of the grant and the remaining 40% vests on the second anniversary of the grant. The exercise price is $0.10 per common share.

The news release may contain forward-looking statements. Known and unknown risks and uncertainties may cause actual events or results to materially differ from those expressed or implied by any such forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the contents of this release.

Contact Information

  • Bearclaw Capital Corp.
    Scott M. Ross
    604-682-2201