Alabama Graphite Announces Grant of Incentive Stock Options
February 3, 2014 - VANCOUVER, Canada - Alabama Graphite Corp. (the "Company") (CSE:ALP) (OTC:ABGPF) (FRANKFURT: 1AG.F WKN: A1J35M) (ISIN# CA0102931080) announces that it has granted incentive stock options to purchase a total of 2,750,000 common shares at an exercise price of $0.145 per share for a period of five years to its directors, officers and consultants in accordance with the provisions of its stock option plan.
About Alabama Graphite:
Alabama Graphite Corp., through its wholly-owned subsidiary, Alabama Graphite Company Inc., is a graphite exploration and development company whose flagship project "The Coosa Graphite Project" in Coosa County, Alabama is located in an area with significant historical production of crystalline flake graphite. The Company also acquired a 100% interest in the Hearst Graphite Property in Northern Ontario in August 2013. For further details go to www.alabamagraphite.com.
ALABAMA GRAPHITE CORP.
Ron S. Roda, President
(609) 785-1581
THE CANADIAN SECURITIES EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
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