Consolidated Magna Ventures (CMV.V) Message Board

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Gold/Mining/Energy : Consolidated Magna Ventures (CMV.V)

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To: jerry janko who wrote ()	5/7/1999 7:07:00 PM
From: jerry janko	of 380

Cons Magna grants and renegotiates options Consolidated Magna Ventures Ltd CMV Shares issued 21,484,464 May 6 close $0.10 Fri 7 May 99 Mr. Robert Archer reports The company has agreed to issue 1,065,000 new director and employee stock options, and to renegotiate 1,415,000 prior stock options. All options will be exercisable at 15 cents for five years. In order to accommodate the new options, existing option holders have agreed to cancel 672,000 previously issued options, exercisable at 45 cents per share. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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