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Calliope Metals Grants Employee Incentive Options.


VANCOUVER, British Columbia--(BUSINESS WIRE)--Aug. 13, 1997-- Calliope Metals Corp. (VSE See DOS/VSE.

VSE - Virtual Storage Extended
:CYO., AUSTRALIA STOCK EXCHANGE:CIO CIO: see American Federation of Labor and Congress of Industrial Organizations.


(Chief Information Officer) The executive officer in charge of information processing in an organization.
.) Subject to regulatory approval, the Company has granted employee incentive options to two executives to purchase in aggregate up to 600,000 shares of the Company, exercisable in stages over one year and two years respectively at a price of $1.12 (A$1.09) per share, expiring August 13, 2002.

ON BEHALF OF THE BOARD

James W. Prier pri·er also pry·er  
n.
One who pries, especially a person who is unduly interested in the affairs of others.
, Secretary and Director

-0-

The Vancouver Stock Exchange Vancouver Stock Exchange (VSE)

A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies.


Vancouver Stock Exchange

See Canadian Venture Exchange (CDNX).
 has neither approved nor disapproved the contents of this News Release.

CONTACT: Calliope Metals Corporation

James W. Prier, 604/689-9188

Vancouver, British Columbia, Canada

or

Calliope Metals Corporation

Gavin Becker, 011/61-7-3220-0023

Brisbane, Queensland, Australia
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 13, 1997
Words:119
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