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Gold/Mining/Energy : Western Copper Holdings Ltd. T.WTC -- Ignore unavailable to you. Want to Upgrade?

To: Famularo who wrote (278)	4/17/1998 5:47:00 PM
From: John Sladek	Read Replies (1) \| Respond to of 401

April 17, 1998 - Grant Of Stock Options Western Copper Holdings Limited is pleased to announce the granting of stock options, in accordance with the terms of its 1996 Amended Stock Option Plan, to purchase up to 570,000 of its shares. The options are exercisable at a price of $8.30 per share for a period of five years. Proceeds derived from the exercise of options will be added to general working capital and utilized for payment of exploration and development costs related to the Company's active exploration projects in Mexico. The Company has received $750,000 within the past year from issuance of shares pursuant to exercised options granted under its Stock Option Plans. TEL: (403) 414-0828 Mike Halvorson or John Campbell INET: www.westerncopper.com