Gee-Ten Ventures Inc.
TSX VENTURE : GTV

Gee-Ten Ventures Inc.

February 27, 2008 16:02 ET

Gee-Ten Ventures Announces the Grant of Stock Options

MONTREAL, QUEBEC--(Marketwire - Feb. 27, 2008) - In accordance with its continuous disclosure obligations, Gee-Ten Ventures Inc. ("Gee-Ten" or the "Company") (TSX VENTURE:GTV) announces the grant of options to acquire an aggregate of 1,300,000 common shares to its officers and directors, namely Mr. Marc Labrecque (200,000 options), Brian Wilson (400,000 options), Richard Hamelin (400,000 options), Mike Harrington (150,000 options) and Florent Baril (150,000 options). These options can be exercised at a price of $0.105 for a period of 5 years.

Gee-Ten currently has options to acquire a total of 3,250,000 common shares outstanding, representing approximately 10% of its issued and outstanding common shares.

FORWARD-LOOKING STATEMENTS:

Except for statements of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Gee-Ten Ventures Inc.
    Marc Labrecque
    819-856-3598
    819-825-3628 (FAX)