Arizona Star Announces Stock Option Grants.TORONTO -- Arizona Star Resource Corp (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:AZS AZS Alumina-Zirconia-Silica AZS Akademicki Zwiazek Sportowy (Polish: Academic Sports Association) AZS Automatic Zero Set AZS Azerbaijan Standard AZS Samana International Airport, Dominican Republic (airport code) ) wishes to announce that it has granted options to purchase 150,000 common shares to two officers of the Company. These options are exercisable at $7 per share for 5 years and vest only if (1) the shares of Arizona Star trade above C$12.40 for 10 consecutive trading days In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. , and (2) the Company share price performance has exceeded the performance of the TSX Gold Index by more than 20% over the six months preceding the satisfaction of the test in (1). These options were granted pursuant to the Company's shareholder-approved stock option plan and are governed gov·ern v. gov·erned, gov·ern·ing, gov·erns v.tr. 1. To make and administer the public policy and affairs of; exercise sovereign authority in. 2. by the terms of that plan. In addition, the Company has also granted 25,000 options to a consultant of the Company with the same terms and conditions as described above. Some of the statements contained in this release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. neither approves nor disapproves the info rmation contained in this News Release. Arizona Star Resource Corp. tr ades on the TSX Venture Exchange under the symbol AZS. Arizona Star Resource Corp. (TSX VENTURE:AZS) |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion