Post by Franko10 ™ on Sept 26, 2005 16:56:45 GMT -5
SHANE RESOURCES LTD. 2nd Floor, 901 – 3rd Avenue North Saskatoon, Saskatchewan S7K 2K4 Telephone: (306) 664-3828 Facsimile: (306) 244-0042 N E W S R E L E A S E
Saskatoon, Saskatchewan, June 29, 2005: Shane Resources Ltd. (TSX.V - SEI) wishes to announce that it has granted incentive stock options to certain its directors to purchase up to 1,000,000 common shares in the capital stock of the Company, exercisable for a period of five years at a price of $0.20 per share. The closing price of the Company’s shares on June 28, 2005 was $0.20.
ON BEHALF OF THE BOARD “Rick Walker” Rick Walker President
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
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