Champlain Resources Inc. Announces Grant of Options



    Champlain Resources Inc., granting of options

    CALGARY, Sept. 1 /CNW/ - Champlain Resources Inc. ("Champlain" or the
"Corporation"), listed on the NEX board of the TSX Venture Exchange under the
trading symbol "CPL.H", announces today that it granted 1,100,000 stock
options (the "Options") to 4 eligible persons pursuant to its stock option
plan effective September 1, 2009. All Options were granted at an exercise
price of $0.10 per share and vest immediately. Of the stock options granted,
an aggregate of 800,000 Options were granted to 2 directors, one of whom is
also an officer of the Corporation. The Options expire on September 1, 2014.

    
    NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
    THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
    RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
    





For further information:

For further information: Mr. Troy Mochoruk, Chairman & CEO, Champlain
Resources Inc., No. 36 Discovery Ridge Mt SW, Calgary, Alberta, T3H5G3,
Telephone: (403) 618-8989, Fax: (403) 243-7298, E-mail:
troy@champlainresources.com, Website: www.champlainresources.com

Organization Profile

CHAMPLAIN RESOURCES INC.

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