TSXV:WVR - Post Discussion
Post by
macbethorfaust on May 06, 2013 1:18pm
News Release
In keeping with its rather bizarre practice of issuing news releases that it doesn actually tell people about, WVR posted the following news release on Friday May 3:
"Wind River Energy Corp. (the “Company”) announces that it has granted incentive stock options to purchase a total of 1,493,295 common shares at an exercise price of $0.10 per share to certain of its directors and officers in accordance with the provisions of its stock option plan and subject to the approval of the TSX Venture Exchange. Pursuant to this plan, the Company is authorized to grant an aggregate of up to 10% of its issued and outstanding common shares on a rolling basis"
Hard to know if the options are really justified or not, but on the positive side it does suggest that the recipients, who presumably are looking to make some dollars here, have some reason to expect that the share price is going to end up some distance north of 10cents in the not to distant future. At current prices even 10 cents is a 3 or 4 bagger from here.
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