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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture

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To: grayhairs who wrote (2699)5/23/1999 8:34:00 PM
From: Salt'n'Peppa  Read Replies (1) of 15703
 
Grayhairs, they are at it again. This time a blatant cash grab ahead of good news. "Incentive" to do what, exactly?

(excerpt from Kerm Yerman's newsletter of May 23rd...)

Hilton Petroleum Ltd - Incentive Stock Options

Nick DeMare, Director announces that the company has granted, subject to regulatory approval, incentive stock options to purchase up to an aggregate of 400,000 common shares in the capital stock of the company, exercisable for a period of three years, at a price of $1.92 per share and 173,000 common shares, exercisable for a period of three years, at a price of $2.00 per share.
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