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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX)

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To: gg cox who wrote (675)9/27/2001 7:27:40 PM
From: Al Collard  Read Replies (1) of 960
 
Capital Alliance grants stock option

Thu 27 Sept 2001

Mr. Toby Chu reports

Capital Alliance Group has granted a stock option entitling the holder to
purchase, for a period of five years, 30,000 common shares of the company
at a price of 35 cents per share. This option is subject to the vesting
schedule and other provisions of the company's stock option plan. The
company also reports that it has agreed to reprice, to 35 cents per share,
1,525,000 previously issued stock options.
The stock option grant and repricing are both subject to the approval of
the Canadian Venture Exchange.
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