Mr. Gary Lohman reports
CANUC RESOURCES CORPORATION GRANTS STOCK OPTIONS AND ANNOUNCES NEW CFO
Canuc Resources Corp. has granted options to employees,officers and directors of the company, entitling them to purchase atotal of 1,925,000 common shares of the company, pursuant to thecompany's stock option plan approved by the shareholders. Each optionentitles the holder thereof to purchase one common share at a price of25 cents per common share for a period of three years.
Under the company's stock option plan, a maximum of 10 per cent of the issuedshares of the company at any time may be reserved for issuance at thetime of the stock option grant.
Canuc is also pleased to announce the appointment of ChristopherChadder as chief financial officer. Mr. Chadder is a charteredaccountant with over 20 years experience as a business adviser andsenior officer to junior resource companies. Mr. Chadder will work withcurrent management to enhance the company's business development,financial compliance and financial reporting strategies.