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Vanguard Technologies Inc. announces the implementation of its stock option plan and a stock option grant26 November 2006
Vanguard Technologies Inc. (Symbol VGT: TSX-V) ("Vanguard") is pleased to announce that, subject to the approval of the TSX Venture Exchange (the "Exchange"), its shareholders have approved the implementation of a new stock option plan pursuant to which 11,600,000 common shares are reserved for issuance.
Subject to the approval of the Exchange, Vanguard has granted stock options to its officers, directors, consultants and employees to allow for the purchase of up to 10,610,000 shares at a price of $0.30 per share for a period ending on November 20, 2011 pursuant to its stock option plan.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
%SEDAR: 00023098EF
For further information: please contact: Jean Charles Dupuis, President and Chief Executive Officer, (514) 842-1513, Fax: (514) 842-4588, jcdupuis@eloda.com; Sonia Ferland, Communications, coordinator, (514) 842-1513, Fax: (514) 842-4588, sferland@eloda.com; Renmark Financial Communications Inc.: Jason Roy : jroy@renmarkfinancial.com, Sylvain Laberge : slaberge@renmarkfinancial.com; Media - Lynda Martineau : lmartineau@renmarkfinancial.com; (514) 939-3989, Fax : (514) 939-3717, www.renmarkfinancial.com
Source: newswire
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