International Tournigan(ITG.V)announces major discovery Message Board

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Gold/Mining/Energy : International Tournigan(ITG.V)announces major discovery

ITG 30.23

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Feb 28 4:00 PM EST

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To: bert coish who wrote (280)	6/29/1998 9:52:00 PM
From: rdww	Read Replies (1) of 347

well there's news today - not I suspect what we were looking for - kinda makes ya feel sorry for the poor boys who run this puppy. Had to get their options repriced because they were so out of the money. Gee I forgot - I'm outta the money too. Hope that there are better releases to come - but I'm blue in the face, so I shant be holding my breath. International Tournigan Corporation ITG Shares issued 16,553,331 Jun 29 close $0.69 Mon 29 Jun 98 The company will cancel and issue 704,000 options originally granted at $2.50, not 722,000 options as previously announced. The company will grant to certain optionees whose $2.50 options are being cancelled and regranted an additional 58,000 options not 17,000 as earlier announced. The company will grant an additional 334,000 options to directors and employees and not 324,000. The repriced options will be at 60 cents per share.

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