Duran Ventures Inc.
TSX VENTURE : DRV

Duran Ventures Inc.

September 05, 2007 14:48 ET

Duran Grants Stock Options

TORONTO, ONTARIO--(Marketwire - Sept. 5, 2007) - Mr. George A. Brown, CEO of Duran Ventures Inc. (TSX VENTURE:DRV) announces that the board of directors of Duran have granted 927,500 stock options today. The exercise price of $1.00 per share is above the current market price and was based upon the price of the recently completed private placement financing. Pursuant to the Duran Stock Option Plan, the options will vest over a fifteen-month period, and will expire in three years.

The grants include 600,000 options to the six directors, including 375,000 options granted to three of the directors who are also senior officers. The remaining 327,500 stock options were granted to nine consultants and one employee of the Company. There are 1,564,850 stock options outstanding prior to this grant.

Duran Ventures Inc. is a Canadian resource company listed on the TSX Venture Exchange: Symbol "DRV"

The TSX Venture Exchange has not reviewed nor accepted responsibility for the adequacy or accuracy of the contents of this news release.

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