China Keli Electric Company Ltd.

October 12, 2010 13:32 ET

China Keli Announces Option Grant

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 12, 2010) - China Keli Electric Company Ltd. ("China Keli" or the "Company") (formerly HSF Capital Corporation) is pleased to announce that it has granted an aggregate 5,175,879 stock options to directors of the Company. Each option is exercisable at $0.25 per common share at any time until October 11, 2018. However, the options will not vest and the optionees will not be able to exercise their options until October 12, 2013.

About China Keli Electric Company Ltd.

China Keli manufactures and installs electrical components and equipment, including preassembled mini-substations, electrical controllers, pressurized/vacuumed switchgears and circuitbreakers in the People's Republic of China.

ON BEHALF OF THE BOARD OF DIRECTORS

Ms. Sou Wa Wong, Chairperson

Neither 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

  • China Keli Electric Company Ltd.
    Ms. Sou Wa Wong
    Chairperson
    (604) 270-9690