TORONTO, Aug. 15 /CNW/ - NWT Uranium Corp. (TSX-V: NWT; OTCBB: NWURF)
(the "Company") has granted an aggregate of 4,300,000 stock options to its
directors and officers and certain of its consultants. Each such stock option
entitles the holder thereof to acquire one common share of the Company at an
exercise price of C$0.15 per share and expires 5 years from the date of grant.
ABOUT NWT URANIUM:
NWT Uranium Corp. (www.nwturanium.com) is an international resource
exploration company with an experienced leadership team. Since its inception,
NWT has concentrated on the acquisition of properties with potential uranium
targets. NWT Uranium is listed on the NASD Bulletin Board under the symbol
"NWURF" and the TSX Venture Exchange under the symbol "NWT."
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release.
This news release includes certain "forward looking statements" within
the meaning of the United States Private Securities Litigation Reform Act of
1995. Without limitation, statements regarding potential mineralization and
resources, exploration results, and future plans and objectives of the Company
are forward looking statements that involve various degrees of risk. The
following are important factors that could cause the Company's actual results
to differ materially from those expressed or implied by such forward looking
statements: changes in the worldwide price of mineral commodities, general
market conditions, risks inherent in mineral exploration, risks associated
with development, construction and mining operations, the uncertainty of
future profitability and the uncertainty of access to additional capital.
For further information:
For further information: John P. Lynch, NWT Uranium Corp., (416)