Latitude stock options granted and amended
Latitude Minerals Corp LTU
Shares issued 2,901,842 Oct 21 close $0.25
Fri 22 Oct 99
Mr. John Carden reports
Latitude Minerals has granted incentive stock options to certain directors
and employees of the company to purchase up to 625,000 common shares in its
capital stock at a price of 23 cents per share, exercisable for a period of
two years. The exercise price is based on the 10-day trading average of the
company's shares on the Vancouver Stock Exchange for the period Oct. 7,
1999, to Oct. 21, 1999. The granting of the stock options is subject to the
acceptance of the Vancouver Stock Exchange.
Further to news in Stockwatch on Jan. 14, 1999, the company further
announces that, subject to Vancouver Stock Exchange acceptance, it has
amended the terms of the incentive stock options granted to certain of its
directors and employees. The stock options granted for the purchase of a
total of 200,000 common shares at an exercise price of 30 cents per share
have been reset at 23 cents per share.
Further to news in Stockwatch on Oct. 8, 1998, the stock options granted
for the purchase of a total of 50,000 common shares at an exercise price of
46 cents per share have been reset at 23 cents per share and are now
exercisable up to Oct. 7, 2001.
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