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Article: Mengold Shareholders Approve Stock Option Plan.
- Article from:
- Marketwire Canada
- Article date:
- July 30, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MONTREAL, QUEBEC, Jul 30, 2009 (Marketwire via COMTEX) -- Mengold Resources Inc. ("Mengold") (TSX VENTURE:MNI) is pleased to announce that at the Company's Annual and Special Meeting held on June 19, 2009, shareholders passed a resolution approving and ratifying the "2008 Stock Option Plan". Under the 2008 Stock Option Plan, options may be granted to directors, officers, key employees and consultants of the Company. The 2008 Stock Option Plan is a "rolling" stock option plan reserving for issuance upon the exercise of options granted pursuant to the plan a maximum of 10% of the issued and outstanding shares of the Company at any time, less any shares required to be ...