This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Arrowhead Water to replace options 2009-05-26 19:15 ET - Options Proposed Mr. Donald Wood reports ARROWHEAD WATER ANNOUNCES SECOND QUARTER FINANCIAL RESULTS Arrowhead Water Products Ltd. has released its interim unaudited consolidated financial results for the three- and six-month period ended March 31, 2009. For complete disclosure of Arrowhead's second-quarter financial results and management's discussion and analysis, please go to SEDAR. The company also announces that it has received conditional approval from the TSX Venture Exchange for the cancellation of all previously issued options still outstanding in order to reprice and grant options to management, employees, directors and consultants. Options are a key component of the company's benefit and compensation program which is designed to attract and retain employees. The company issued three million options with a five-year term at an exercise price of 10 cents to management, employees, directors and consultants, subject to disinterested shareholder approval at the company's next annual meeting. The remainder is available to Stockwatch subscribers.
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