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Mart Resources Inc MAUXF



OTCPK:MAUXF - Post by User

Bullboard Posts
Comment by grommeton Feb 18, 2005 1:00pm
228 Views
Post# 8616888

OPTIONS!

OPTIONS!Now the price can really move.... -- MART RESOURCES GRANTS INCENTIVE STOCK OPTIONS Mart Resources Inc. has granted 3.33 million incentive stock options, with an exercise price of 74 cents per option, to the company's directors, officers and consultants. Upon exercise, each option entitles the holder to one common share of the company. The options expire Feb. 18, 2010. The options were granted in accordance with the company's stock option plan which was approved by shareholders on June 16, 2004. The stock option plan permits the company to issue options to acquire up to 10 per cent of the company's common shares. The company currently has 73,234,966 common shares issued and outstanding, and 7.23 million options exercisable for common shares. After the grant of the options, the company has 93,497 options available for further issuance under the stock option plan.
Bullboard Posts