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Post by Franko10 ™ on Feb 22, 2005 22:26:50 GMT -5
GOLDEN ARCH RESOURCES LTD. #928 – 470 Granville Street, Vancouver, BC V6C 1V5 Phone: (604) 681-8222 Fax: (604) 681-8282 www.goldenarchresources.com GAI: TSX Venture Exemption 12g3 - 2(b) GARCF: O.T.C SEC File # 82-659 392004 NEWS RELEASE September 28, 2004 - Vancouver, BC. Golden Arch Resources Ltd. (the ‘Company’) is pleased to announce it has granted incentive stock options to Company Directors to purchase 1,490,000 common shares at a price of $0.15 per share, exercisable for four years. The shares are granted pursuant to a stock option plan approved by Company Shareholders at the Annual General Meeting held July 20, 2004, and by the TSX Venture Exchange on September 15, 2004, which provides for a “rolling” maximum grant of 10% of the issued shares at the time of the grant. There is a hold period on the shares until January 29, 2005. On behalf of the Board, “Les Kjosness”<br> President and Director The TSX Venture Exchange assumes no responsibility for the accuracy of this Release and neither approves nor disapproves thereof.
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