June 19, 2008

Grizzly’s grant of stock options


by Tiffany Marlow

Grizzly Diamonds Ltd., a Canadian exploration company focused on exploring for diamonds in Alberta and precious metals in North America, announces that its Board of Directors has, pursuant to Grizzly’s Stock Option Plan, approved the grant of stock options to AGORACOM Investor Relations to acquire an aggregate of up to 100,000 common shares of Grizzly.

The options have been granted pursuant to Grizzly’s Stock Option Plan, have an exercise price of $ 1.00 and expire on June 17, 2013.

Grizzly currently holds diamond properties in the Buffalo Head Hills, Birch Mountains and Pelican Mountain areas of Alberta totaling over three million acres which host prospective geophysical targets and associated diamond indicator minerals. In British Columbia, the Company has five precious-base metal properties totaling over 95,000 acres.

Story link: Grizzly’s grant of stock options



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