Newfoundland Goldbar Resources Inc.

November 14, 2006 15:32 ET

Newfoundland Goldbar Resources Inc.: Grant of Stock Options

ST. JOHN'S, NEWFOUNDLAND and LABRADOR--(CCNMatthews - Nov. 14, 2006) - Newfoundland Goldbar Resources Inc. (the "Company")(NEX:NGB.H) announces that, subject to regulatory approval, it has granted 1,800,000 stock options to Directors and Officers of the Company, pursuant to the Company's Stock Option Plan which was approved at the Annual Meeting held October 30, 2003. The Options will expire on November 7, 2011 and have an exercise price of $0.075 per share.

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

Contact Information

  • Newfoundland Goldbar Resources Inc.
    Harold L. Wareham
    705-576-2236 (FAX)