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Dsc01131

WSR announces $0.80 options to directors

Posted by: mike97 on June 11, 2008 01:51PM

I always think the directors get a sweet deal on these options but we can buy at the same price today. However we have to pay today and they only pay when they exercise them when the share price reaches some multiple of $0.80. However it is in all our interests to achieve that multiple in share price.

WSR Gold Announces Grant of Options
Wednesday June 11, 11:09 am ET

TORONTO, ONTARIO--(Marketwire - June 11, 2008) - WSR Gold Inc. (TSX VENTURE:WSR - News) WSR Gold Inc. announces that it has granted a total of 4,475,000 options to directors, officers and consultants of the Company exercisable over a five-year period expiring June 11th, 2013, at a price of $0.80 per share. The grant is subject to regulatory and shareholder approval.
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President's D.D.
WSR/NOT JV on 2 of 5 GZZ properties
- $350,000 Cash/Shares at Approval - $5,000,000 Work Commitment funded by WSR Gold and Noront - Golden Valley Mines carried to production (30%) VAL-D'OR, QUEBEC--(Marketwire - June 9, 200... read more
Dsc01131
Posted by: mike97
On: June 09, 2008
URL: http://app.q...null&cp=null
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