Ceres Capital Corp. Announces Grant of Stock Options
14 Juillet 2009 - 3:15PM
Marketwired Canada
Ceres Capital Corp. (the "Company" or "Ceres") (TSX VENTURE:SRS) announces that,
pursuant to the terms and conditions of its Stock Option Plan, it has granted an
aggregate of 575,000 incentive stock options to purchase common shares of Ceres
(the "Options") to certain of its recently hired Officers. The Options are
exercisable over a five year period at $0.14 per share with 100% vesting
immediately.
About Ceres and Reliable
Ceres is an Alberta based public company listed on the TSX Venture Exchange and
conducts its operations through Reliable Energy Ltd, a wholly owned subsidiary.
The Company is currently focused on two core areas in the Western Canadian
Sedimentary Basin. The first core area consists of an unconventional resource
play in the Bakken/Three Forks formation situated on the Saskatchewan - Manitoba
border. The second is a Devonian reef play in central Alberta.
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