Stronghold Announces Grant of Stock Options
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/08/11 -- Stronghold Metals Inc. ('Stronghold' or the 'Company') (TSX VENTURE: Z) The Company announces that it has granted an aggregate 420,000 incentive stock options to employees and a consultant of the Company. All of the stock options are exercisable at a price of $0.40 per share. The options granted to employees are exercisable for a period of five (5) years ending April 8, 2016 and the options granted to the consultant is exercisable for a period of three (3) years ending April 8, 2014. The stock options have been granted under and are governed by the terms of the Company's incentive stock option plan and are subject to vesting provisions.
On behalf of The Board of Directors of Stronghold Metals Inc.
Ioannis (Yannis) Tsitos, President, CEO & Director
This document contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the corporations control which may cause actual results, performance or achievements of the corporation's to be materially different from the results, performance or expectation implied by these forward looking statements.
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.
Contacts:
Stronghold Metals Inc.
Ioannis (Yannis) Tsitos
President, CEO & Director
604.806.0916
604.806.0956 (FAX)
www.strongholdmetals.com