Rupert Resources Announces Grant of Stock Options
TORONTO, ONTARIO--(Marketwired - Jun 10, 2016) - Rupert Resources Ltd. ("Rupert" or the "Corporation") (TSX VENTURE:RUP) announces the grant of incentive stock options to acquire a total of 825,000 common shares ("Common Shares") of the Corporation at an exercise price of $0.56 per share, such options to vest as to one-half on June 10, 2017 and one-half on June 10, 2018. The options expire five years from the date of grant. Options to acquire 500,000 Common Shares were granted to directors and officers of the Corporation and options to acquire 325,000 Common Shares were granted to employees and consultants of the Corporation.
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.
Contact
Rupert Resources Ltd.
Brian Hinchcliffe
President and Chief Executive Officer
+1 (914) 815 2773
info@rupertresources.com
www.rupertresources.com