Montello Resources Ltd MEO
Shares issued 35,719,337 May 19 close $0.365
Tue 19 May 98
Mr. Patrick Power reports
The company has granted incentive stock options to directors and employees
to purchase 765,000 shares of the company. The options are exercisable on
or before May 19, 2003, at 34 cents per share.
The company has agreed to reprice at 34 cents per share incentive stock
options to purchase 150,000 shares at 57 cents per share granted on Oct.
24, 1996, 100,000 shares at 63 cents granted on Jan. 27, 1997, 375,000
shares at 59 cents granted on April 29, 1997, and 500,000 shares granted at
68 cents granted on May 6, 1997.
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