Champion Bear Grants Share Options
January 21 2014 - 11:37AM
Marketwired
Champion Bear Grants Share Options
CALGARY, ALBERTA--(Marketwired - Jan 21, 2014) - Champion Bear
Resources Ltd. (TSX-VENTURE:CBA) ("Champion Bear" or the "Company")
has granted options to acquire an aggregate of 548,000 common
shares of Champion Bear to certain directors and officers of the
Company (at an exercise price of $0.05 per share until January 17,
2019). 48,000 options were allocated to the Company's President,
250,000 options were allocated to the Company's Chief Financial
Officer and 250,000 options were allocated to one of the Company's
independent directors. All of these options were granted to replace
options that previously expired in accordance with their terms.
The options vest as to one-third thereof on each of the six, 12
and 18 month anniversaries of the date of the grant.
No regulatory authority has
approved or disapproved the information contained in this news
release. Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Champion Bear Resources Ltd.Richard D. KantorChairman and
President(403) 229-9522(403) 229-9518www.championbear.com
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