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Taipan Grants Stock Option Grant, Issuance of Shares

Source: www.gulfoilandgas.com 10/9/2014, Location: North America

Taipan Resources Inc. (Taipan) announces that it has granted an aggregate of 2,150,000 incentive stock options, including 1,500,000 stock options to be issued to directors and officers of the Company. The stock options are exercisable into common shares of the Company for a period of five years at a price of $0.36 per share. These options have been granted pursuant to the Company’s Stock Option Plan and are subject to vesting requirements. In addition, the Company has issued an aggregate of 448,698 common shares to Maxwell Birley, the Company’s Chief Executive Officer, in accordance with the terms of his consulting agreement.

The Company also announces that Ms. Christine Thompson has resigned as the Corporate Secretary of the Company and Mr. Theo van der Linde, CA has been appointed in her place.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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