Mar 20, 2009 17:00 ET
UC Resources Announces Granting of Options
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 20, 2009) - UC Resources Ltd.: (TSX VENTURE:UC) -
UC Resources Ltd. has granted, pursuant to UC's incentive stock option plan, a total of 4.85 million incentive stock options to directors, officers and consultants of UC. These options are exercisable over a five-year period expiring March 12, 2014, at a price of 12 cents per share. The options entitle each optionee to acquire one common share of UC. The common shares of UC closed on March 12, 2009, on the TSX Venture Exchange at a price of 8 cents per common share.
On behalf of the Board of Directors,
Jim Voisin, President & CEO
UC Resources Ltd.
We seek safe harbour.