Westward announces stock option grant and re-pricing



    TSXV: WWE.H

    VANCOUVER, Jan. 19 /CNW/ - Westward Explorations Ltd. (the "Company")
reports that pursuant to the Company's Stock Option Plan, a total of 750,000
stock options have been granted to directors and officers of the Company at an
exercise price of $0.25 per share for a period of ten years subject to
regulatory approval.
    The Company has also re-priced 1,850,000 of its existing stock options to
$0.25 per share. All other original terms pertaining to the option agreements
will remain unchanged.

    
    On behalf of the Board of
    Westward Explorations Ltd.

    "John Pallot"

    President

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of the content of this news
    release.
    





For further information:

For further information: John Pallot, President, Tel: (604) 688-1508

Organization Profile

West African Iron Ore Corp.

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