Luiri Gold Limited
TSX VENTURE : LGL

Luiri Gold Limited

April 16, 2007 14:32 ET

Luiri Gold Issues Stock Options

TORONTO, ONTARIO--(CCNMatthews - April 16, 2007) - Luiri Gold Limited (TSX VENTURE:LGL) announced that subject to TSX Venture Exchange approval, the Board of Directors has approved a grant of 1,000,000 stock options to Ted Grobicki, a Director of the company, exercisable for a period of five years at a price of $0.38 per share. This is subject to the successful completion of the private placement by Strata Capital UK LLP currently been undertaken by that company and announced in a separate Press Release today. The rules of the Luiri Option plan apply.

ON BEHALF OF THE BOARD OF DIRECTORS OF LUIRI GOLD LIMITED

Michael Sperinck, President

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact Information

  • Luiri Gold Limited
    Michael Sperinck
    President
    +61-401-694-322
    Website: www.luirigold.com