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SVU

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Share Name Share Symbol Market Type
TSXV:SVU TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Spur Ventures Announces Granting of Stock Options

13/06/2014 11:52pm

Marketwired Canada


Spur Ventures Inc. ("Spur" or the "Company") (TSX VENTURE:SVU)(OTCBB:SPVEF)
announces that the board of directors of the Company has approved the granting
of 2,050,000 options pursuant to the Company Stock Option Plan to directors,
officers and employees entitling them to purchase the common shares of the
Company at a price in accordance with the pricing provisions of the Company's
Stock Option Plan, being the average of the bid and ask prices of the Company on
the TSX Venture Exchange during the three preceding trading days, of $0.32 per
share until 5:00 p.m. (Vancouver time) June 13, 2019, with 12.5% vesting
immediately and 12.5% each quarter over the next two (2) years, subject to
regulatory approval.


These options represent the 2013 calendar year option allocation to directors,
officers and employees which had been previously delayed due to the imposition
of various blackout periods as the Company pursued a number of alternative
corporate transactions. The Directors consider this to be the appropriate time
to proceed with the 2013 stock option allocation as they believe that at this
time there is no material undisclosed information in respect of the Company, the
Transaction or any other potential corporate transactions.


On behalf of the Board of Directors

John Morgan, President and Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Spur Ventures Inc.
John Morgan
President and Chief Executive Officer
+1 604 689 5564

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