GA Capital Corp. Announces Grant of Stock Options
June 11 2009 - 8:28AM
Marketwired Canada
GA Capital Corp. (TSX VENTURE:GAC.P) ("GAC"), a capital pool company as defined
under Policy 2.4 of the TSX Venture Exchange (the "Exchange" or "TSX Venture")
announces that it has granted to Mr. George Elliott a director of GAC one
hundred thousand incentive stock options to acquire common shares of GAC, in
accordance with the terms of the Company's incentive Stock Option Plan. The
exercise price for the options is $0.20 per common share and expires on November
6, 2012.
Mr. Elliott became a director of GAC on August 27th, 2008, however at that time
incentive stock options could not be granted since the common shares were halt
traded on the Exchange pending consideration of a qualifying transaction, which
as disclosed in a press release issued by GAC on June 1st, 2009, did not
proceed.
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