Vatic Ventures Corp. Announces Granting Of Incentive Stock Options.
09.08.2011 | The Newswire
Aug 9th, 2011 (via Thenewswire.ca) Vancouver, BC, August 9, 2011 - Vatic Ventures Corp (the“ Company“) (TSX-V: VCV and Frankfurt: V8V) wishes to announce that it has granted 300,000 stock options at a price of $0.20 per share to an investor relations firm and a consulting firm providing services to Vatic Ventures Corp.Axino AG provides investor relations services to the Company and has been granted 100,000 options at a price of $0.20 for a one year period. These options will vest as to 25% each quarter.
Rescon Resource Consultants AG has been granted 200,000 stock options at a price of $0.20 per share for a two year period with no vesting requirements.
These options are subject to regulatory approval.
ABOUT VATIC VENTURES CORP.
Vatic Ventures Corp (www.vaticventures.com) is a junior exploration company developing high yield precious metal projects throughout North America. Focusing on high yield gold and silver projects, Vatic Ventures currently holds two projects, the BM property in the Spences Bridge Gold Belt near Merritt, BC and has signed a Letter of Intent for the La Silla West property near Mazatlan. The company continues to explore new opportunities and prospects.
ON BEHALF OF THE BOARD OF DIRECTORS
“Nasim Tyab“
Nasim Tyab
President
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX has reviewed and does not accept responsibility for the contents of this news release.