METANOR RESOURCES INC.
TSX VENTURE : MTO

METANOR RESOURCES INC.

October 24, 2005 14:45 ET

Metanor: Granting of Stock Options

VAL-D'OR, QUEBEC--(CCNMatthews - Oct. 24, 2005) - Metanor Resources Inc. (TSX VENTURE:MTO) - On October 6, 2005, the members of the Board of Directors granted an option concerning 50,000 shares to Mr. Raymond Couture, director of Metanor. The exercise price for this option is also $0.70 and will expire in 10 years.

A second option was granted concerning 166,000 shares to Mr. Pierre A. Leduc, Investor Relations Consultant. The exercise price for the option is $0.70. The option will expire in 24 months. A service agreement for a private placement was signed with Mr. Leduc.

The TSX Venture Exchange does not accept responsibility for the adequacy or the accuracy of this news release.

Contact Information