Post by Franko10 ™ on Sept 11, 2004 14:36:08 GMT -5
August 18, 2000
Shane retains PR rep; grants stock options
Shane Resources Ltd. has retained the services of Wayne Gruden to carry out investor relations services on behalf of the company, subject to the acceptance of the Canadian Venture Exchange. It is proposed that Mr. Gruden will receive a fee of $3,500 per month for a period of six months and thereafter, will be retained on a month-to-month basis.
The Company has also granted incentive stock options to Mr. Gruden to purchase up to 300,000 shares of the company at a price to 20 cents per share for a period of one year. The stock options will be subject to vesting restrictions in accordance with the policies of the Canadian Venture Exchange.
ON BEHALF OF THE BOARD OF DIRECTORS OF SHANE RESOURCES LTD.
Mr. Rick Walker Director
The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
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