TSXV: PNO.H
VANCOUVER,
March 4, 2014 /CNW/ - PNO
Resources Ltd. (the "Company") (TSXV: PNO.H) announces that
pursuant to the Company's Stock Option Plan, a total of 225,000
incentive stock options have been granted to directors, officers,
and consultants of the Company. The options are exercisable at a
price of $0.18 per share for a period
of 10 years, subject to regulatory approval.
The Company further announces that upon
receiving disinterested shareholder approval, a total of 500,000
(post-consolidated) previously granted stock options have been
re-priced to $0.18 per share, subject
to regulatory approval. Except for the amendment of the
exercise price, all original terms of the stock options will remain
in effect.
ON BEHALF OF THE BOARD OF DIRECTORS
| |
|
"Christy Louth" |
| Per: |
|
__________________ |
| |
|
Christy Louth
President and Director |
NEITHER THE 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 NEWS RELEASE
SOURCE PNO Resources Ltd.