Choice Resources Corp.

Choice Resources Corp.

November 06, 2006 18:21 ET

Choice Announces Grant of Stock Options

CALGARY, ALBERTA--(CCNMatthews - Nov. 6, 2006) - Choice Resources Corp. (TSX VENTURE:CZE) (the "Corporation") announces the grant, subject to regulatory approval, of incentive stock options for 325,000 common shares to employees of the Corporation. As part of these options, a grant of 300,000 is made to an officer and insider of the Corporation. The options are exercisable at a price of $0.63 per share, have an expiry date of November 6, 2011 and vest 25% upon regulatory approval and 12-1/2% every quarter of the Corporation thereafter.

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)