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Announces Grant of Stock Options
posted on
Jan 20, 2009 01:26AM
January 19, 2009
New Millennium Capital Corp. Announces Grant of Stock Options
CALGARY, ALBERTA--(Marketwire - Jan. 19, 2009) -
NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
New Millennium Capital Corp. ("NML" or the "Corporation") (TSX VENTURE:NML) is pleased to announce that it has granted stock options to acquire up to 2,570,000 common shares of the Corporation at an exercise price of $0.37 per common share, including options to acquire up to 1,725,000 common shares of the Corporation to certain of its directors, officers and investor relations consultants. Fifty percent (50%) percent of the options vest one year after the grant date of the options and fifty percent (50%) of the options vest two years after the grant date of the options. All options will expire on January 20, 2014. The stock option grant is subject to regulatory approval. The Corporation has determined that exemptions from the various requirements of the TSX Venture Exchange Policy are available for the grant of options.
