Saguenay, May 13, 2011 – Arianne’s board of directors approved today modifications to the Company’s Stock option plan that will increase the number of options available for grant to 6,400,000 or less than 10 % of the Company’s issued shares. The previous plan permitted the grant of 5,100,000 stock options. Under the new stock option plan, departing option holders will be able to keep their stock options for a period of 12 months before they expire. The previous expiration delay was 60 days following departure. These modifications are subject to the approval of the TSX Venture Exchange. The Company also announces the granting of 275,000 options to its officers and directors priced at $ 1.25.
Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (au sens donné à ce terme dans les politiques de la Bourse de croissance TSX) n’acceptent quelque responsabilité que ce soit quant au caractère adéquat ou à l’exactitude du présent communiqué de presse.
Source: M. Bernard Lapointe, Président Pour info: M. Norman Forrest, Administrateur Tél : (418) 549-7316 ; Fax : (418) 549-5750 Tél. : (450) 736-0453 bernard@arianne-inc.com
