Bearclaw Capital Corp.

Bearclaw Capital Corp.

July 15, 2008 16:00 ET

Bearclaw Announces Grant of Options to Directors

MONTREAL, QUEBEC--(Marketwire - July 15, 2008) - Bearclaw Capital Corp. (TSX VENTURE:BRL)(FRANKFURT:5BQ) is pleased to announce that it has granted options to its five directors pursuant to its recently amended stock option plan. An option to acquire 250,000 common shares was granted to Christian de Saint-Rome, who is also Bearclaw's President and Chief Executive Officer. Options to acquire 125,000 common shares were granted to John Ross, Arthur Lilly, Robert MacGillivray and Emilien Seguin. All of the options are for a five-year term which expires on July 15, 2013. For each grant, 30% vests immediately, 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 $0.25 per common share.

This 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.

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

Contact Information

  • Bearclaw Capital Corp.
    Christian de Saint-Rome, President