DeeThree Exploration Ltd.

DeeThree Exploration Ltd.

September 10, 2010 18:58 ET

DeeThree Announces Grant of Stock Options

CALGARY, ALBERTA--(Marketwire - Sept. 10, 2010) - DeeThree Exploration Ltd. ("DeeThree") (TSX VENTURE:DTX) announces that, subject to regulatory approval, it has granted a total of 530,000 options to purchase common shares of DeeThree to the directors, officers and employees of DeeThree, with an exercise price of $2.89 and a five year term. DeeThree has determined that there are exemptions available from the various requirements of TSX Venture Policy 5.9 and Multilateral Instrument 61-101 for the issuance of these options (Formal Valuation - Issuer Not Listed on Specified Markets; Minority Approval - Fair Market Value Not More Than $2,500,000).

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

  • DeeThree Exploration Ltd.
    Martin Cheyne
    President and Chief Executive Officer
    (403) 263-9130