ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

SOH Soho Resources Corp.

0.00
0.00 (0.00%)
Last Updated: -
Delayed by 15 minutes
Share Name Share Symbol Market Type
Soho Resources Corp. TSXV:SOH 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 -

Soho Resources Corp. Re-Prices 3,355,000 Existing Incentive Stock Options and Grants an Additional 3,515,000 New Incentive Stock

12/03/2009 10:29pm

Marketwired Canada


Soho Resources Corp. (TSX VENTURE:SOH) ("Soho" or the "Company") announces that
the Company intends to amend an aggregate of 3,355,000 existing incentive stock
option to reduce original exercise prices, which vary between $0.15 per share
and $0.64 per share, to a new uniform exercise price of $0.10 per share, subject
to TSX Venture Exchange acceptance. An aggregate of 1,400,000 of these options
are held by insiders and, in accordance with the requirements of the TSX Venture
Exchange, this amendment is subject to the approval of disinterested
shareholders. The Company intends to seek disinterested shareholder approval at
its next Annual General Meeting scheduled for July 2009. There has been no
change to the expiry date or vesting provisions of the options.


The Company also intends to grant 3,515,000 new incentive stock options to
directors, officers, employees and consultants. The new options will be
exercisable over five years at the price of $0.10 per share. Of these new
incentive stock options 2,600,000 will be granted to insiders.


ON BEHALF OF THE BOARD OF DIRECTORS

SOHO RESOURCES CORP.

RALPH SHEARING, CHIEF EXECUTIVE OFFICER

WARNING: The Company relies upon litigation protection for "forward-looking"
statements. This News Release may contain forward-looking statements including
but not limited to comments regarding the timing and content of up-coming work
programs, geological interpretations, receipt of property titles, potential
mineral recovery processes, etc. Forward-looking statements address future
events and conditions and therefore involve inherent risks and uncertainties.
Actual results may differ materially from those currently anticipated in such
statements. Soho Resources Corp. relies upon litigation protection for
forward-looking statements.


1 Year Soho Resources Corp. Chart

1 Year Soho Resources Corp. Chart

1 Month Soho Resources Corp. Chart

1 Month Soho Resources Corp. Chart

Your Recent History

Delayed Upgrade Clock