Zuni Holdings Inc.

November 12, 2010 19:11 ET

Zuni Holdings Announces Stock Option Grant

TORONTO, ONTARIO--(Marketwire - Nov. 12, 2010) - Zuni Holdings Inc. (TSX VENTURE:ZNI.H) ("Zuni") has granted 2,000,000 stock options to certain officers, directors and consultants of Zuni. The grant was approved by the Board of Directors of Zuni on August 16, 2010. The stock options are exercisable at a price of $0.10 and expire on August 15, 2015.

About Zuni

On October 20, 2010, Zuni announced that it had signed a letter of intent with Pacific Safety Products Inc. to complete a business combination by way of court approved plan of arrangement of Zuni. Zuni has recently completed a number of significant transactions including the sale of its core aerospace business to 3M Canada Holdings Ltd. and subsequent special cash distribution to shareholders by way of return of capital in the amount of $0.26 per common share. Zuni is a reporting issuer in Ontario and Alberta and publicly trades under the symbol ZNI.H on the NEX board of the TSX Venture Exchange.

Contact Information

  • Zuni Holdings Inc.
    Daniel Marks
    Chief Executive Officer
    (416) 907-6908