Board of Directors approved the issue of 380,000 share options

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Torch River Resources has a 25% interest in an advanced molybdenum property, Red Bird. Reserves have been classified by Giroux Consultants Ltd as 88.21 million tonnes indicated and 63.39 million tonnes inferred.

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Board of Directors approved the issue of 380,000 share options

posted on Jul 30, 2008 08:12PM

Torch River Resources Ltd.: News Release
TORCH RIVER RESOURCES TCR
7/30/2008 6:48:41 PM
CALGARY, ALBERTA, Jul 30, 2008 (Marketwire via COMTEX News Network) --

Torch River Resources Ltd. ("Torch") (TSX VENTURE:TCR) announced today that the Board of Directors approved the issue of 380,000 share options (the "Options") to certain directors, officers, consultants and employees of Torch at an exercise price of $0.12 per share. The Options vest immediately and expire on July 29, 2013.

Torch is a company listed and trading on the TSX Venture Exchange, symbol: TCR.

SOURCE: Torch River Resources Ltd.

Torch River Resources Ltd. William E. Pfaffenberger President (403) 444-6888 Website: www.torchriver.ca
Copyright (C) 2008 Marketwire. All rights reserved.

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