Gunpoint Exploration Ltd. Announces Stock Option Grant
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 22, 2010) - Gunpoint Exploration Ltd. ("the Company") (TSX VENTURE:GUN) announces that, subject to regulatory approval, it will grant a total of 2,125,000 options to purchase common shares of the Company at an exercise price of $1.41 to directors, officers and employees pursuant to the Company's stock option plan. This action is being taken in conjunction with the Company's recent share consolidation and name change, which took effect on November 16, 2010 and the appointment of new directors to include P. Randy Reifel, Daniel Kunz and Gerald Sneddon approved at the Company's annual and special general meeting held on November 8, 2010. Refer to the Company's news releases dated November 10, 2010 and November 16, 2010 for further details regarding the share consolidation and name change. The Company previously announced a stock option grant by a news release issued on November 30, 2010. The Company did not grant the options announced on November 30, 2010 |
