Marksmen Resources Ltd.

Marksmen Resources Ltd.

May 05, 2008 18:21 ET

Marksmen Announces Stock Option Issuance

CALGARY, ALBERTA--(Marketwire - May 5, 2008) - Peter Malenica, President and Chief Executive Officer of Marksmen Resources Ltd. ("Marksmen") (TSX VENTURE:MA) announces that, subject to regulatory approval, it has granted 2,600,000 options as follows:

A total of 2,550,000 options to purchase common shares of Marksmen ("Options") were granted to three directors of Marksmen (one of whom is also an officer) at an exercise price of $0.10 and with an expiry date of May 5, 2013.

A total of 50,000 options were granted to one officer of Marksmen at an exercise price of $0.10 and with an expiry date of May 5, 2013.

Marksmen has determined that exemptions from the various requirements of the TSX Venture Exchange Policy 5.9 are available for the grant of these Options.

On behalf of the Board of Directors

Peter Malenica, President & CEO

Statements in this press release may contain forward-looking statements. Except for statements of historical fact, all statements in this press release - including, without limitation, statements regarding future plans and objectives of Marksmen - are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and 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 release.

Contact Information