Kenai Announces Granting of Stock Options
June 07 2011 - 4:05PM
Marketwired
Kenai Resources Ltd. (TSX VENTURE: KAI) announces the granting of
incentive stock options to its directors, officers, employees and
consultants to purchase up to 1,950,000 common shares in its
capital stock at a price of $0.25 per share, exercisable for a
period of five years from the date of grant.
All of these stock options will vest 25% upon the grant date and
an additional 25% six months, twelve months and eighteen months
after the grant date.
The granting of the said stock options is subject to acceptance
by the applicable regulatory authorities.
On behalf of the Board
Kenai Resources Ltd.
Greg Starr, President & CEO
Shares Outstanding: 62,406,734
Contacts: Kenai Resources Ltd. Greg Starr President & CEO
(604) 669-5753 (604) 688-9895 (FAX) www.kenairesources.com
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