MONTREAL, QUEBEC, Sep 23, 2009 (Marketwire via COMTEX) -- BWMXF | Quote | Chart | News | PowerRating -- BOWMORE Exploration Ltd. (TSX VENTURE:BOW) ("The Company") is pleased to announces that its Board of Directors approved the granting of incentive stock options under its stock option plan to its directors and a consultant to acquire up to an aggregate of 1,950,000 common shares of Bowmore. All of the options are exercisable for a period of 5 years at a price of $0.72 per share.
The options will vest over a period of two years and all common shares issuable pursuant to the exercise of options are subject to a hold period of four months and one day from the date of the option grant.
About BOWMORE
BOWMORE is a Canadian exploration mining company focused on precious metal exploration in Canada and Mexico.
The Company trades on the TSX Venture Exchange under the symbol "BOW".
Forward-looking statements:
Except for statements of historical facts, all statements in this news release regarding, without limitation, new project acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; Actual results and future events could differ materially from those anticipated in such statements.
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