Choice Resources Corp.
TSX VENTURE : CZE

Choice Resources Corp.

March 28, 2006 19:53 ET

Choice Announces Grant of Stock Options and Appointment

CALGARY, ALBERTA--(CCNMatthews - March 28, 2006) - Choice Resources Corp. (TSX VENTURE:CZE) (the "Corporation") announces the grant, subject to regulatory approval, of incentive stock options for 350,000 common shares to an officer and a consultant of the Corporation. The options are exercisable at a price of $0.91 per share, have an expiry date of March 28, 2011 and vest 25% upon regulatory approval and 12.5% every fiscal quarter thereafter. This issue represents less than 1% of the Corporation's current issued and outstanding shares.

The Corporation would also like to announce the appointment of Mr. Richard Poirier BSc. Geology, MBA as Vice President of Exploration. Mr. Poirier is an experienced explorationist with over 20 years of oil and gas experience concentrated in play generation, and corporate and property acquisitions. Mr. Poirier has extensive exposure in the regions Choice is focusing on through his experience with Encor, Tiverton, Northridge, Rife, and Apache.

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

Contact Information

  • Choice Resources Corp.
    Gordon Harris
    President and Chief Executive Officer
    (403) 216-5821
    (403) 216-5828 (FAX)