Planet Exploration Inc. - Grant of Stock Options
Thursday May 29, 5:33 pm ET
(TSX-VEN:PXI)
CALGARY, May 29 /CNW/ - Planet Exploration Inc. (TSX-VEN:PXI) announces, in accordance with TSX Venture Exchange policies and under the terms of the Company's Stock Option Plan, that two directors of the Company have been granted options to purchase 500,000 and 50,000 options to purchase common shares at exercise prices of $0.60 and $0.75, respectively. Mr. Paul McKenzie, an investor relations consultant to the Company, has been granted an option to purchase 50,000 shares at an exercise price of $0.75 per share. The options have a five year term.
Planet is a junior mineral exploration company with active gold prospects in Canada (Red Lake) and Mongolia.
Ranjeet Sundher
President
(403) 262-3238
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
For further information
Paul McKenzie, Tel: (604) 681-9897, Toll Free: 1-866-733-5253, Email: mail@planetexploration.info, Website: www.planetexploration.info
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Source: Planet Exploration Inc. |
