Symbol: LSI (TSX.V)
TORONTO, Dec. 21 /CNW/ - Lonestar West Inc. (TSX.V: LSI) (the "Company") announced that it has granted 75,000 incentive stock options to Mr. Tracy Graf, who was recently elected to the board of directors of the Company, under its Stock Option Plan. All options are exercisable at $0.52 per common share and expire on December 18, 2014.
All options granted and any common shares issued upon their due exercise will be subject to a statutory four-month and one-day hold expiring April 19, 2010. The granting of the options are subject to regulatory acceptance of applicable filings.
About Lonestar West
Lonestar West Inc. currently operates a fleet of HVAC and vacuum trucks throughout Western Canada from its base in Sylvan Lake, Alberta. It is focused on profitably growing its HVAC services to become a major national competitor in the market area.
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.
SOURCE Lonestar West Inc.
For further information: For further information: please visit the Lonestar West website at www.lonestarwest.com or contact: James Horvath, President & CEO, Phone: (403) 887-2074, firstname.lastname@example.org