Platinum Communications Option Grant
Calgary, Alberta CANADA, May 10, 2013 /FSC/ - Platinum Communications Corporation (PCS - TSX Venture), today announced that subject to regulatory approval, options to acquire up to 250,000 common shares of the Corporation were granted today to Chad J. Cunningham, Vice President Sales & Marketing, pursuant to the Corporation's stock option plan. The options are for a five year term, expiring on May 10, 2018, and are exercisable at a price of $0.10 per share. The share price on the last trading day before the option grant was $0.10.
Platinum Communications Corporation (TSX-V: PCS) is a leading provider of superior quality fixed wireless Internet and Broadband solutions in Alberta. Based in Calgary, Platinum operates a wireless broadband network that utilizes Next-Generation Wimax technology to bring fast, reliable and affordable Internet and digital phone service to residents and businesses across the province. Serving more than 13,000 customers in over 180 communities, Platinum caters primarily to rural and near-urban markets that are often beyond the reach of traditional Internet providers. Platinum's high quality infrastructure, excellent service record and ever-growing network and capabilities, make it the provider of choice for customers within its vast coverage area. For more information please visit our website at www.platinum.ca or call 403-301-4591.
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This news release may contain forward-looking statements. These forward-looking statements do not guarantee future events or performance and should not be relied upon. Actual outcomes may differ materially due to any number of factors or uncertainties, many of which are beyond Platinum's control. Some of these risks and uncertainties may be described in Platinum's corporate filings (posted at www.sedar.com). Platinum has no intention or obligation to update or revise any forward-looking statements due to new information or events.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
For further information please contact:
Bernard Parkinson, CEO
Phone (403) 301-4591
Katherine Kirkup, CFO
Phone (403) 301-4594
Source: Platinum Communications Corporation (PCS)http://www.platinum.ca
To view this press release as a PDF, please click on the following link:
http://www.usetdas.com/pr/platinumcomm05102013.pdf
Source: Platinum Communications Corporation (TSX-V: PCS) http://www.platinum.ca
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