Vancouver, British Columbia ‐ Blast Resources Inc. (“Blast” or the “Company”) (CSE: BLST) announces that it has granted an aggregate of 1,560,000 stock options to certain directors and executive officers of the Company pursuant to its omnibus equity incentive plan. The stock options are exercisable at a price of $0.25 per share and expire three years from the date of grant. 50% of the stock options vested immediately and the remaining 50% vest in one year.
The stock options are subject to a four month hold period in accordance with applicable Canadian securities laws and the policies of the Canadian Securities Exchange.
About Blast Resources Inc.
Blast is a mineral exploration company trading on the Canadian Securities Exchange. The Company has an option over a mineral exploration project in Saskatchewan. The project is located near Highway 955 south of Wales Lake and sits just outside the southwest margin of the Athabasca Basin.
ON BEHALF OF THE BOARD
Gary Claytens
President and CEO
For further information, please contact:
E-mail: info@blastresources.com
Website: www.blastresources.com
Neither the CSE Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
