Mr. Tim de Freitas reports
IKKUMA RESOURCES CORP. ANNOUNCES STOCK OPTION GRANT
Ikkuma Resources Corp. has granted 2,903,600 stock options to officers, directors, employees and consultants of Ikkuma at an exercise price of 38 cents.
The stock options have been granted pursuant to Ikkuma's 10-per-cent rolling stock option plan and will expire five years from the date of grant. All of the stock options vest as to one-third thereof on each of the first, second and third anniversaries of the date of grant. Subsequent to this stock option grant, Ikkuma will have a total of 9,383,700 stock options outstanding, representing approximately 8.6 per cent of its issued and outstanding common shares.
About Ikkuma Resources Corp.
Ikkuma Resources is a diversified junior public oil and gas company listed on the TSX Venture Exchange under the symbol IKM, with holdings in both conventional and unconventional projects in Western Canada. The technical team has worked together for over a decade in the foothills region of Western Canada. The unique skills and repeat success at exploiting a complex, potentially prolific play type are fundamental ingredients for a successful growth-oriented company in Western Canada.
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