Granting of Stock Options
August 12 2010 - 2:00AM
UK Regulatory
TIDMWTN
RNS Number : 9464Q
Western Coal Corporation
12 August 2010
Western Coal Corp. Grants Stock Options
Vancouver, B.C. August 12, 2010 - Western Coal Corp. (TSX: WTN and WTN.WT and
AIM: WTN) ("Company" or "Western") announces that on August 5, 2010 it granted
incentive stock options and deferred share units as detailed below. Each stock
option has an exercise price of C$4.16. The options are exercisable for a period
of five years from the grant date. The stock options vest as to half upon grant
and half on August 5, 2011 and the deferred share units vest quarterly in equal
amounts over the next twelve months.
+--------------+------------+------------+
| Name | Number of | Number of |
| | stock | deferred |
| | options | share |
| | granted | units |
| | | granted |
+--------------+------------+------------+
| | | |
+--------------+------------+------------+
| David Beatty | 38,860 | 19,428 |
+--------------+------------+------------+
| John Brodie | 18,840 | 9,420 |
+--------------+------------+------------+
| Robert Chase | 18,840 | 9,420 |
| | | |
+--------------+------------+------------+
| Charles | 18,840 | 9,420 |
| Pitcher | | |
+--------------+------------+------------+
| Owen Ryan | 18,840 | 9,420 |
+--------------+------------+------------+
| Julian | 18,840 | 9,420 |
| Treger | | |
+--------------+------------+------------+
For further information:
David Jan,
Head of Investor Relations
Phone: 604-608-2692
Email: david.jan@westerncoal.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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