GREY:WSLFF - Post by User
Comment by
huxleyon Sep 07, 2011 4:26am
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Post# 19016883
RE: IGC- cheap stock
RE: IGC- cheap stockThat's all the update (dated Sep 6th, 2011) I could find. Better than the proverbial kick in the a** I suppose.
Cheers,
huxley
Exercise/Sale of Options:
IGC Resources Inc. (“IGC” or the company) is pleased to announce that 5.5 million options of Intra
Energy Corp # (IEC:ASX) were exercised at the option price of AU 0.25c and the balance of 1.75
million options were sold for AU 03c. The buyer of these options was an entity controlled by a director of
the Company. The expiry date of the above-mentioned options was August 31st 2011.The company now owns 8.35 million shares of Intra Energy Corp.
(# Atomic Resources Inc changed its name to Intra Energy Corp in May 2011.)
About IGC Resources Inc.:IGC’s principal business activities are the exploration and development of its gold, copper, uranium and coal
projects while continuing to investigate other mineral resource prospects for potential acquisition globally.
www.igcresources.com
Statements in this release may constitute forward-looking statements which involve known and unknown inherent
risks and uncertainties that are detailed in IGC's periodic filings with Canadian securities regulators. Given these
risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of
actual results. Actual events or results could differ materially from IGC's expectations and projections.
DATED at Kelowna BC, this 5th September, 2011.
For further information please contact:
John McColl,
Director/Compliance Manager,
IGC Resources.
Phone: +1 (250) 868-0868
Email: igcresources@gmail.com