New Cantech Ventures Inc.: Grant of Stock Options
December 18 2007 - 7:08PM
Marketwired
VANCOUVER, BRITISH COLUMBIA (FRANKFURT: C7X) announces that on
December 18, 2007 the Board of Directors granted incentive stock
options to purchase up to 2.35 million shares in the capital of the
company at the current closing market price of 18 cents per share
to ten of its directors, officers, employees, consultants and
advisory council members. The grant of stock options is for a term
of up to five years. The stock options are subject to vesting
provisions, and terms and conditions of the company's stock option
plan as approved at the most recent shareholder's meeting.
About New Cantech
New Cantech is a TSX Venture mineral exploration and development
company focusing on the development of its Lucky Ship Molybdenum
Property in west central British Columbia and the advancement of
its other mineral exploration properties, most of which are located
in British Columbia and all of which are located within Canada.
ON BEHALF OF THE BOARD OF DIRECTORS
James Jacuta
NEW CANTECH VENTURES INC.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the content of the
information contained herein.
Contacts: New Cantech Ventures Inc. James Jacuta President &
CEO (604) 638-0699 Website: www.newcantech.com
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