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Message: Lucrum grants options...

Lucrum grants options...

posted on Nov 17, 2008 07:31AM

Remember Lucrum (Sheltered Oak) suppoed to have Kerrs drilling results soon as per Nigel in November 10 interview. Options before news?

For those new to SGX... SGX owns 672k shares (~4%) of Lucrum (Sheltered Oak) and retains 50% interest in Kerrs property. Therefore, upcoming Kerrs results of obvious importance.

red911



Lucrum Capital grants 20-cent options

2008-11-17 12:08 ET - Options Proposed

Mr. Robert Hanson reports

LUCRUM CAPITAL CORP. - GRANT OF STOCK OPTIONS

On Oct. 28, 2008, Lucrum Capital Corp. granted stock options to directors and officers of the company to purchase in the total up to 1,047,500 common shares in the capital of the company at an exercise price of 20 cents per common share. The stock options shall expire on Oct. 28, 2011. The options were granted pursuant to the company's incentive stock option plan, under which a maximum of 10 per cent of the issued and outstanding common shares are reserved for issuance. The current number of issued and outstanding common shares is 17,135,808.

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