Now, the news:
Zone Resources Inc. Grants Incentive Stock Options
Press Release Source: Zone Resources Inc. On Thursday May 26, 2011, 2:19 pm EDT
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 26, 2011) - Zone Resources Inc. (TSX VENTURE:ZNR - News; Zone) announces that pursuant to its stock option plan, the Company has granted incentive stock options to its directors, officers, consultants, and employees to purchase in the total of 500,000 common shares in the capital stock of the company, subject to regulatory approval, exercisable for a period of five years, at a price of
.16 per share.
About Zone Resources Inc.
Zone Resources Inc. is in the business of evaluating and acquiring oil and natural gas properties for exploration and development. The Company's shares trade on the TSX Venture Exchange under the symbol ZNR.
Cautionary note:
This report contains forward looking statements. Resource estimates, unless specifically noted, are considered speculative. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Archie Boyce
Zone Resources Inc. - Vancouver Office
Director
(604) 683 5445 ext 227
604-687-9631 (FAX)
archie@zone-resources.com
www.zone-resources.com