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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Renforth Resources Inc | CSE:RFR | CSE | 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% | 0.015 | 0.01 | 0.015 | 0.015 | 0.015 | 0.015 | 10,000 | 14:30:00 |
Renforth Resources Inc. (CNSX:RFR) ("Renforth") or (the "Company") announces that subject to regulatory approval, the Board of Directors has granted stock options pursuant to Renforth's incentive stock option plan to certain directors, officers and consultants to acquire an aggregate of 1,800,000 common shares of the Company. These stock options are exercisable at a price of $0.10 per Common Share and will expire five years from the date of the grant. About Renforth Renforth Resources Inc. is a Toronto-based diamond, base metals and precious metals Exploration Company with significant concessions in the McFaulds Lake "Ring of Fire" discovery area of north-eastern Ontario as well as Spain. Renforth has five diamondiferous kimberlites referred to as the Kyle kimberlites: two are at the commercial bulk-sampling stage; the remaining three are targeted for specific follow-up drilling and economic evaluation. Additional mineral claims lie between ten and twenty kilometres from Noront Resources Ltd.'s recent base metal discoveries at its Double Eagle Project. The Company also has now acquired the Mina Maria Luisa project located in Southwestern Spain, approximately 30 kilometres from the Aguas Tenidas Mine. Renforth intends to drill targets at Mina Maria Luisa in 2011, and also has significant planned drilling of the New Alger Gold project located in Quebec in late 2010. No securities regulatory authority has approved or disapproved of the contents of this news release.
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