BrazAlta Resources Corp.

BrazAlta Resources Corp.

February 29, 2008 19:36 ET

BrazAlta Resources Corp. Announces Stock Option Grants

CALGARY, ALBERTA--(Marketwire - Feb. 29, 2008) - BrazAlta Resources Corp. ("the Corporation") (TSX VENTURE:BRX) has granted 1,350,000 stock options to officers and directors of the Corporation. The options were granted at an exercise price of $0.65 per common share and expire on March 1, 2013. The Corporation has determined that exemptions from the various requirements of TSX Venture Exchange Policy 5.9 are available for the granting of the options.

BrazAlta is a publicly traded Canadian based international oil and gas corporation with operations in Brazil, Northern Ireland and Canada.

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

Contact Information

  • BrazAlta Resources Corp.
    Mr. David R. P. Mears
    President & CEO
    (403) 561-1648
    BrazAlta Resources Corp.
    Mr. Craig F. Nieboer, CA
    (403) 237-9925