Sabre Graphite Corp. Announces Option Grant
CALGARY, ALBERTA -- (Marketwired) -- 06/19/13 -- Sabre Graphite Corp.
("Sabre") (TSX VENTURE:SAG) announces it has approved the grant of an
aggregate of 1,350,000 options to its directors, officers, and
consultants pursuant to its stock option plan, of which 1,200,000
were granted to directors and officers. The options have an exercise
price of $0.25 per share and will expire five years from the date of
grant. The stock option grant is subject to regulatory approval. The
Corporation has determined that exemptions from the various
requirements of TSX Venture Exchange Policy 5.9 are available for the
grant of stock options to each of the individuals. The Corporation
has further determined that an exemption from the various
requirements of Multilateral Instrument 61-101 is available as the
fair market value of the grant of options is less than 25% of the
market capitalization of the Corporation.
Neither the 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.
Sabre Graphite Corp.
Chief Executive Officer
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