Mr. Ross Drysdale reports
RUMBU HOLDINGS ANNOUNCES EXERCISE OF OPTIONS
Rumbu Holdings Ltd. has noted the exercise of options of the company by its directors and officers. As a result of the exercise of the options, the company is issuing an aggregate of 650,000 common shares of the company, which were exercisable at a price of 10 cents per share resulting in gross proceeds to the company of $65,000. In addition, all options and dealer warrants of the company exercisable at 10 cents per share have now been exercised.
About Rumbu Holdings Ltd.
Rumbu is a publicly traded funeral service, memorial and death care company trading on the TSX Venture Exchange under the trading symbol RMB. The company operates in the funeral home business in Western Canada and is committed to acquiring, partnering, managing, and operating funeral homes and crematoriums and providing funeral services to the public in its market area.
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