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Symbol: NOT:TSX-V
Shares Outstanding: 154,578,457
Fully Diluted: 164,898,457
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TORONTO, June 30 /CNW/ - Noront Resources Ltd. ("Noront" or the
"Company") (TSX Venture: NOT) announces that pursuant to the Company's Stock
Option Plan and subject to any regulatory approvals, it has granted 3,865,000
Stock Options set at Cdn.$0.62 for a period of five years (2014) to new and
existing employees and consultants of the Company. These Stock Options have a
three year vesting period. None of these Stock Options were granted to the
existing Members of the Board of Directors.
djo.....The answer to your question lies IMO in the above wording:These Stock
options have a three year vesting period.
The latest info I have shows only Wes with 1 Million of those options, with
333,333 not vested and Gregory Rieveley with 500,000, with 166.667 not vested.
Not made brief trip to $ 3.00 ( Hole # 27 ??) right about the same
time when options granted.
GLTY and all,
Fossil