Mr. Zahir Dhanani reports
ARIAN RESOURCES CORP. ANNOUNCES ADOPTION OF NEW OPTION PLAN AND GRANT OF
STOCK OPTIONS
Arian Resources Corp. has
obtained the conditional approval of the TSX Venture Exchange to amend and restate its 10-per-cent rolling stock option plan. The new option plan has been drafted to comply with the recently revised stock option
policy of the TSX-V. Arian will submit the new option plan to its shareholders for approval at its annual general
meeting later this year.
Arian has also granted incentive stock options to its directors, officers, consultants and advisory board members
to acquire up to an aggregate of 3.6 million common shares at a price of 20 cents per common share.
Arian does not have any other options issued and outstanding other than the options.
We seek Safe Harbor.
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