TSX Venture: TDC
VANCOUVER, June 27 /CNW/ - Tyhee Development Corp. (TSX Venture: TDC) is
pleased to announce that the Company has met the requirements for a Tier 1
Company on the TSX Venture Exchange effective June 27, 2007.
The Company further announces that the board of directors, subject to
regulatory approvals, has granted 1,876,000 new options, of which 1,656,000 is
to insiders of the Company. The options can be exercised at $0.41, and have an
expiry date of June 27, 2012.
The options have been granted in accordance with the Company's Stock
Option Plan, whereby a maximum of 10% of the issued shares are reserved for
issuance. The Plan was approved by the Company's shareholders at the annual
general meeting held on April 27, 2007. TSX Venture Exchange acceptance of the
Plan was received on May 8, 2007.
Tyhee's shares trade on the TSX Venture Exchange under the symbol "TDC".
For additional information, please visit the Company's website, www.tyhee.com.
NO REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE CONTENT OF THIS
RELEASE. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS RELEASE.
For further information:
For further information: Tyhee Development Corp., David Webb, President
and CEO, Tel: (604) 681-2877 (toll free 1-866-681-2877), email@example.com; The
Equicom Group Inc., Michael Joyner, Tel: (416) 815-0700 ext 275,