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Riverstone announces grant of stock option

Nov 06, 2009 (M2 EQUITYBITES via COMTEX) --

Companies: Riverstone Resources Inc (RVREF), Riverstone Resources Inc (RVS)

Gold exploration company Riverstone Resources Inc (TSX VENTURE: RVS) (Frankfurt:3RV) on Thursday said that pursuant to its company's stock option plan, a total of 150,000 incentive stock options have been granted to a consultant of the company, as defined by TSX Venture Exchange Policy 4.4.

The options are exercisable for a five-year period at a price of USD0.205 per share and are subject to regulatory approval and vesting provisions over an eighteen month period.

The options will bear a four-month hold period and will expire on 5 November 2014. 

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Companies: Riverstone Resources Inc (RVREF), Riverstone Resources Inc (RVS)


Related terms: consultant, exploration, frankfurt, gold, policy, stock option

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