Spur Announces Grant of Stock Options
01.11.2012 | Marketwire
All amounts are expressed in Canadian dollars, unless otherwise statedVANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/01/12 -- Spur Ventures Inc. ("Spur" or the "Company") (TSX VENTURE: SVU) (OTCBB: SPVEF) announces that it has granted an aggregate of 1,250,000 stock options on November 1, 2012 pursuant to the Company Stock Option Plan to directors, officers and employees entitling them to purchase the common shares of the Company at a price of $0.40 per share until 5:00 p.m. (Vancouver time) November 1, 2017, with 12.5% vesting immediately and 12.5% each quarter over the next two (2) years, subject to regulatory approval.
Neither TSX Venture Exchange nor its Regulation Services Provider, as defined in the policies of the TSX Venture Exchange, accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Spur Ventures Inc.
Irfan Shariff
(604) 689-5564