Geomark Exploration Ltd.
TSX VENTURE : GME

Geomark Exploration Ltd.

February 15, 2011 09:21 ET

Geomark Exploration Ltd. Announces Granting of Stock Options

CALGARY, ALBERTA--(Marketwire - Feb. 15, 2011) -

Geomark Exploration Ltd. (TSX VENTURE:GME) (the "Corporation") announces that, in accordance with the Corporation's stock option plan which was approved by the shareholders on July 6, 2010, the Corporation has granted stock options to its new senior officer, Mr. Robb D. Thompson, to purchase an aggregate of 180,000 common shares, at an exercise price of $1.57 per common share. These stock options expire June 1, 2014, and vest over a three year period, one-third on each of the first, second, and third anniversaries. 

The total number of options outstanding as of the date hereof is 3,459,000.

Neither 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

  • Geomark Exploration Ltd.
    George Fink
    Chairman and Chief Executive Officer
    403.262.1400
    or
    Geomark Exploration Ltd.
    Mark Balog
    President and Chief Operating Officer
    403.262.1400
    or
    Geomark Exploration Ltd.
    Kirsten Kulyk
    Manager-Investor Relations
    403.262.1400
    www.geomark.ca