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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 379.87+0.4%Nov 11 4:00 PM EST

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To: Andrew who wrote (2522)12/28/2005 2:49:53 PM
From: Andrew  Read Replies (1) of 29622
 
Wow very nice for the shareholders. Nice to see management have faith in the stock.

Arizona Star Resource Corp (C-AZS) - Options Proposed
Arizona Star grants 150,000 stock options to officers

2005-12-28 11:27 ET - Options Proposed
Shares issued 41,600,937
AZS Close 2005-12-23 C$ 6.60

Mr. Paul Parisotto reports

ARIZONA STAR ANNOUNCES STOCK OPTION GRANTS

Arizona Star Resource Corp. has granted options to purchase 150,000 common shares to two officers of the company.

These options are exercisable at $7 per share for five years and vest only if: (1) the shares of Arizona Star trade above $12.40 for 10 consecutive trading days; and (2) the company share price performance has exceeded the performance of the Toronto Stock Exchange gold index by more than 20 per cent over the six months preceding the satisfaction of the test in (1). These options were granted pursuant to the company's shareholder-approved stock option plan and are governed by the terms of that plan.

In addition, the company has also granted 25,000 options to a consultant of the company with the same terms and conditions as described above.

We seek Safe Harbor.
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