Post by
inse on Mar 02, 2011 4:47pm
$2.47 Stock Options Issued Jan 4
TORONTO, Jan. 4, 2011 /CNW/ - Polar Star Mining Corporation ("Polar Star" or the "Company") (TSX:PSR) reports that it has granted options to acquire up to an aggregate of 747,785 common shares of the Company to certain directors, officers and employees of the Company. The options have an exercise price of $2.47 and expire on December 31, 2013. The options vest as follows: 1/3 on December 31, 2011, 1/3 on June 30, 2012 and 1/3 on December 31, 2012.
One would hope that Polar Star directors, officers, and employees will work hard and diligently toward getting the share price much higher than $2.47 within the next little while...it's already March 2, 2011!!!