RE:RE:RE:RE:RE:Buying Value at best pricebrownbear2 wrote: I can't read French - can someone post an update regarding full production?
Modification to the Stock Option Plan, Grant of Options to a Director and Appointment of a New Chief Financial Officer
MONT-ST-HILAIRE, QUÉBEC--(Marketwired - Oct. 28, 2014) -
Abcourt Mines Inc. (the "Company") (TSX VENTURE:ABI) announces that its Board of directors has approved a modification to the stock option plan of the Company (the "Plan") in order to modify the minimum exercise price of an option from $0.10 per share to "the minimum price allowed by the Exchange". Furthermore, the Board of directors has granted stock options on 200,000 common shares to a director, at an exercise price of $ 0.07 per share, valid for a five-year period, pursuant to the terms of the Plan. These options were granted to replace stock options that expired on October 1, 2014 without being exercised.
The Company also announces that following the resignation of Mr. Yves Usereau as director and Chief Finance Officer as of October 3, 2014, Mr. Marc Filion, director of the Company since March 2007, was nominated as Chief Finance Officer of the Company.