Bonaparte Resources Inc.
TSX VENTURE : BON

Bonaparte Resources Inc.

February 08, 2011 15:08 ET

Bonaparte Announces Option Grant

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 8, 2011) - Bonaparte Resources Inc. (TSX VENTURE:BON) ("Bonaparte" or the "Company") is pleased to announce that it has granted incentive stock options to its directors, officers and consultants for the purchase of up to 315,000 common shares of the Company. Each option is exercisable at $0.45 per common share and is exercisable until February 8, 2015. The options vest over the next twelve months with no more than one quarter of the options vesting in any three month period. The options may not be exercised until shareholders have approved of the Company's stock option plan at its next annual general meeting.

ON BEHALF OF THE BOARD OF DIRECTORS

Randy Saunders, CEO and Director

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

Contact Information

  • Bonaparte Resources Inc.
    Randy Saunders
    CEO
    (604) 484-8750
    (604) 484-8755 (FAX)