Vantex Resources Ltd.

Vantex Resources Ltd.

March 22, 2010 15:53 ET

Vantex Reprices Stock Options

LA PRAIRIE, QUEBEC--(Marketwire - March 22, 2010) - The management of Vantex Resources Ltd (TSX VENTURE:VAX) announces that the Company's board of directors cancelled today all outstanding stock options (1,018,333) previously issued by the Company and granted 2,000,000 new stock options at a price of $0.11. These new options will be valid for 5 years and are subject to the approval of a majority of votes by arm's length shareholders at the Company's Annual special meeting of shareholder's that will take place on April 29, since they are priced lower that the cancelled stock options.

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

Contact Information