Kenna Resources Corp.

Kenna Resources Corp.

October 05, 2012 16:30 ET

Kenna Announces Option Grant

SASKATOON, SASKATCHEWAN--(Marketwire - Oct. 5, 2012) - Kenna Resources Corp. ("Kenna" or the "Company") (TSX VENTURE:KNA) announces the grant of an aggregate of 183,465 options to acquire common shares in the capital of Kenna at a price of $0.20 to a director and to the President and CEO of the Company. Such options (and the common shares exercisable upon exercise) are exercisable immediately for a period of 5 years from the date of grant and will be subject to applicable securities law hold periods.

Caution Regarding Forward-Looking Statements

This news release contains forward‐looking statements, which address future events and conditions, which are subject to various risks and uncertainties. The Company's actual results, programs and financial position could differ materially from those anticipated in such forward‐looking statements as a result of numerous factors, some of which may be beyond the Company's control. These factors include: the availability of funds; the timing and content of work programs; results of exploration activities and development of mineral properties, the interpretation of drilling results and other geological data, the uncertainties of resource and reserve estimations, receipt and security of permits and mineral property titles; project cost overruns or unanticipated costs and expenses, fluctuations in commodity product prices; currency fluctuations; and general market and industry conditions. Forward‐looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward‐looking statements.

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

  • Kenna Resources Corp.
    Shane Shircliff
    President, CEO and Director
    306 649 0600

    Kenna Resources Corp.
    Todd L. Lahti
    CFO and Director
    306 651 1930