Aldridge grants options to buy 1.45 million shares
ALDRIDGE GRANTS OPTIONS
Aldridge Minerals Inc. has granted a total of 1.45 million stock options to directors, officers and employees of the company. All options are exercisable at a price of 20 cents per common share. One-quarter of the options vest immediately, one-quarter on the first anniversary, one-quarter on the second anniversary and the balance on the third anniversary. They expire in five years. This grant of options is subject to acceptance by the TSX Venture Exchange.
http://www.aldridgeminerals.ca/English/News-Releases/News-Releases/default.aspx