Golden Arch Resources---GAI.V Message Board

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Gold/Mining/Energy : Golden Arch Resources---GAI.V

GAI 8.800

0.0%

Mar 22 5:00 PM EST

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To: JR. who wrote (247)	1/5/1998 12:29:00 AM
From: Ross	Read Replies (1) of 359

GOLDEN ARCH RESOURCES LTD. 8930 OAK STREET, VANCOUVER, B.C. V6P 4B7 (604)266-9910 1-800-661-0091 FAX: (604)266-5000 NEWS RELEASE Symbol: GAI (VSE) O.T.C. Bulletin Board: GARCF Exemption 12g3 - 2(b) SEC File # 82-659 DIRECTOR & EMPLOYEE STOCK OPTIONS GRANTED VANCOUVER - December 23, 1997 - The Company has granted, subject to regulatory approval, director and employee incentive stock options for 1,700,000 shares at an exercise price to be determined in accordance with the rules of the Vancouver Stock Exchange. It should be noted the Company did not proceed to allot the director and employee option referenced in a news release dated September 17, 1997. On behalf of the Board of Directors of Golden Arch Resources Ltd. "Richard Watson" Richard J. Watson Director The Vancouver Stock Exchange assumes no responsibility for the accuracy of this Release and neither approves nor disapproves thereof

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