|
Britannica Resources Corp. |
153 A. Ave Perreault Val d’Or, Quebec J9P 2H1 Tel : 819
825-9311 Fax : 819 825-1199 |
TSX Venture SYMBOL: BRR (www.brrgold.com)
April
8, 2008
Stock Options Cancelled
Britannica Resources Corp. (BRR – TSX Venture) (The “Company”) announces the
cancellation of 1,900,000 stock options.
The Company is cancelling stock options originally granted to certain officers, directors, consultants and employees of the Company listed in the table below.
|
Issue date |
Quantity |
Exercise Price |
Expiry Date |
|
July 6,
2006 |
400,000 |
$0.55 |
July 6,
2011 |
|
Sept.
5, 2006 |
200,000 |
$0.58 |
Sept.
5, 2011 |
|
Jan. 5,
2007 |
750,000 |
$0.52 |
Jan.
05, 2012 |
|
Nov.
13, 2007 |
200,000 |
$0.235 |
Nov.
13, 2011 |
|
Jan.
15, 2008 |
350,000 |
$0.17 |
Jan.
15, 2011 |
The stock options originally granted on July 6, 2006, Sept. 5, 2006 and Jan. 5, 2007 were “all” re-priced to $0.265 on July 27, 2007.
The stock options are subject to the terms of the company's stock option plan and regulatory approval.
ON BEHALF OF THE
BOARD
“Jeffrey A. Cocks”
Jeffrey A. Cocks
President
FOR FURTHER INFORMATION PLEASE CONTACT: Britannica Resources Corp.
(TEL) (819) 825-9311, (FAX)-(819) 825-1199
THE TSX VENTURE
EXCHANGE