Vantex Modifies Stock Option Plan
November 01 2010 - 4:15PM
Marketwired
Vantex (TSX VENTURE: VAX) board of directors approved changes to
the Company's Stock Option Plan. The new Plan will now reserve
7,400,000 common shares of the Company for option purposes,
compared to 3,700,000 shares for the previous Plan. The options are
available for officers, directors, employees and consultants of the
Company. The new stock options Plan accounts for less than 20 % of
the Company's outstanding shares. This modification is subject to
the approval of the TSX Venture Exchange and the approval of Vantex
shareholders at the next Annual meeting of shareholders.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Source: Guy R. Morissette CEO For information: Wayne
Carlon VP Business Development 902-402-6264 waynecarlon@eastlink.ca
www.vantexressources.com
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