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Gold/Mining/Energy : Pure Gold Minerals (PUG)-TSE
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To: Famularo who wrote (847)10/26/1998 4:25:00 PM
From: Famularo  Read Replies (1) of 1030
 
Options repriced

Pure Gold Minerals Inc PUG
Shares issued 26,379,471 Oct 23 close $0.285
Mon 26 Oct 98 News Release
Mr. Donald Sheldon reports
The company has repriced 3,319,025 stock options, representing two-thirds
of the total stock options currently outstanding, to an amended exercise
price of 30 cents per common share. One-third of the company's outstanding
stock options remain unamended, and have an exercise price of $1.00. The
repricing will affect all directors, officers, and employees currently
holding options pro rata.
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