Bearclaw Announces Grant of Options to Directors
24 März 2010 - 11:45PM
Marketwired
Bearclaw Capital Corp. (TSX VENTURE: BRL)(FRANKFURT: 5BQ) announces
that it has granted options to its two recently-appointed directors
pursuant to its rolling 10% stock option plan. Options to acquire
200,000 common shares were granted to each of Scott Ross and Jeff
Durno. Both options are for a five-year term which expires on March
23, 2015. For each grant, 30% vests immediately, 30% vests on the
first anniversary of the grant and the remaining 40% vests on the
second anniversary of the grant. The exercise price is $0.10 per
common share.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
the contents of this release.
Contacts: Bearclaw Capital Corp. Arthur W. Lilly
604.682.2201
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