New Millennium Capital Corp.

New Millennium Capital Corp.

October 19, 2005 18:32 ET

New Millennium Capital Corp. Announces the Granting of Stock Options

CALGARY, ALBERTA--(CCNMatthews - Oct. 19, 2005) - New Millennium Capital Corp. (TSX VENTURE:NML) ("NML") is pleased to announce that today it has granted stock options to acquire up to 890,000 common shares of NML at an exercise price of $0.55 per common share, including options to acquire up to 675,000 common shares issued to certain of its officers and directors. The options shall vest and be exercisable as to 25% on each of the 6, 12, 18 and 24 month anniversaries of the date of grant. All options will expire on October 19, 2010. The stock option grant is subject to regulatory approval. The Corporation has determined that exemptions from the various requirements of TSX Venture Exchange Policy 5.9 are available for the grant of options.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy of adequacy of this release.

Contact Information

  • New Millennium Capital Corp.
    Robert Martin
    President and Chief Executive Officer
    (514) 935-3204
    New Millennium Capital Corp.
    Dean Journeaux
    Project Director
    (514) 935-3204