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Bullboard - Stock Discussion Forum REBgold Corporation RBGCF

GREY:RBGCF - Post Discussion

REBgold Corporation > 12 cent strike price
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Post by bluespruce on Mar 23, 2011 1:45pm

12 cent strike price

TORONTO, CANADA -- (Marketwire) -- 12/14/10 -- REBgold Corporation ("REBgold" or the "Company") (TSX VENTURE: RBG) today announced that the board of directors has approved the issuance of 500,000 options to purchase common shares of the Company to Directors of the Company. The exercise price of the options is
.12. They are subject to a 4 month hold and have a term of 5 years.

The total number of outstanding options under the Company's plan is 11,445,000 or approximately 85% of the outstanding shares.

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