Friday, March 13, 2009

Module Resources Grants 500,000 Stock Options To CEO

Module Resources, a NEX Board stock, has granted its CEO 500,000 stock options as of March 10. The exercise price is 11 cents, and they last for five years. There's already another 250,000 options granted that can be exercised, and all grants are well within the limits specified by company policy. The news release contains further details.

This item was sent out after market's close yesterday. Prior to it, Modular closed at 11 cents, unchanged on the day. The current bid is 8 cents, and the current ask is that same 11 cents.

Modular's Google Finance web page is here.

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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.

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