VANCOUVER, Aug. 25 /CNW/ - Pebble Creek Mining Ltd. (the "Company")
announces that it has granted stock options to directors, officers, employees
and consultants for the purchase of up to a total of 1,890,000 common shares
of the Company (the "Options") at an exercise price of $0.24 per share. The
Options have a term of 5 years and are governed by the Company's Stock Option
Plan, which is a 'rolling' plan whereby options to purchase common shares may
be granted up to a maximum 10% of the issued and outstanding common shares of
the Company from time to time.
All shares issuable pursuant to the exercise of the Options are subject
to a hold period of four months and one day commencing from the date the
Options were granted.
Gyan Singhai, Executive Chairman
On Behalf of the Board of Directors of Pebble Creek Mining Ltd.
The TSX-Venture Exchange has not reviewed and does not accept
responsibility for the accuracy or adequacy of this release.
For further information:
For further information: Mike Romanik, Investor Relations, Verenex
Capital Corp., Telephone: (204) 724-0613