Knightswood Financial Corp.
TSX VENTURE : KWF

Knightswood Financial Corp.

June 09, 2010 12:44 ET

Knightswood Financial Corp.: Repricing of Stock Option Approved by Shareholders

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 9, 2010) - Knightswood Financial Corp. (TSX VENTURE:KWF) announced today that it had obtained disinterested shareholders' approval for stock option repricing at yesterday's annual general meeting of shareholders of the Company. Subject to the approval of the TSX Venture Exchange, outstanding options for the purchase of an aggregate of 493,864 common shares of the Company, having exercise prices between $0.11 and $0.20 per share and expiry dates in 2012 and 2013, will be repriced to an exercise price of $0.10 per share. None of the repriced stock options may be exercised at the amended stock option price pending TSX Venture Exchange's acceptance of the stock option repricing.

About Knightswood Financial Corp.

Knightswood Financial Corp. is a merchant bank company providing private entities with solutions which allow them to issue debentures which are eligible for registered plans. Knightswood Financial Corp. offers a wide range of services to assist its private entity clients to achieve their debenture financing objectives.

ON BEHALF OF THE BOARD OF DIRECTORS

KNIGHTSWOOD FINANCIAL CORP.

Maurice Levesque, President and Director

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.

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