Pancontinental Uranium Corporation
TSX VENTURE : PUC

Pancontinental Uranium Corporation

September 14, 2007 09:23 ET

Pancontinental Uranium Corporation Grants Options

TORONTO, ONTARIO--(Marketwire - Sept. 14, 2007) - Pancontinental Uranium Corporation ("Pancon" or the "Company") (TSX VENTURE:PUC) announces that options to acquire 2,150,000 common shares of the Company have been granted to directors, employees and consultants of the Company. The options have a term of five years, are exercisable at Cdn $0.82 per common share, and vest as follows: one-third immediately, one-third after one year and the final one-third after the second year.

Cautionary Language and Forward Looking Statements

This press release may contain "forward-looking statements", which are subject to various risks and uncertainties that could cause actual results and future events to differ materially from those expressed or implied by such statements. Investors are cautioned that such statements are not guarantees of future performance and results. Risks and uncertainties about the Company's business are more fully discussed in the Company's disclosure documents filed from time to time with the Canadian securities authorities.

Shares Outstanding: 49,806,492

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

Contact Information

  • Pancontinental Uranium Corporation
    Richard Mark
    President and CEO
    (604) 986-2020
    (604) 986-2021 (FAX)
    or
    Pancontinental Uranium Corporation
    Ashleigh Meyer
    Investor Relations
    (416) 867-8073
    Website: www.panconu.com