Bearclaw Capital Corp
SymbolBRL
Shares Issued24,046,991
Close 2009-06-10C$ 0.04
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Bearclaw Capital grants six-cent options

2009-06-12 15:09 ET - Options Proposed

Mr. John Ross reports

BEARCLAW ANNOUNCES GRANT OF OPTIONS TO DIRECTORS

Bearclaw Capital Corp. has granted options to its three directors pursuant to its rolling 10-per-cent stock option plan. An option to acquire 300,000 common shares was granted to John B. Ross, who is also Bearclaw's president and chief executive officer, and options to acquire 200,000 common shares were granted to each of Arthur Lilly and Robert MacGillivray. All of the options are for a five-year term which expires on June 5, 2014. For each grant, 30 per cent vests immediately, 30 per cent vests on the first anniversary of the grant and the remaining 40 per cent vests on the second anniversary of the grant. The exercise price is six cents per common share.

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