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Re: News - Thursday, March 13, 2008
International KRL Resources Corp. Grants Stock Options
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Vancouver -- Thursday, March 13, 2008 -- International KRL Resources
Corp. (TSXV:IRK) today announced that it has granted 1,400,000 stock
options to certain directors, employees, and consultants of the Company
under its incentive stock option plan. The options are exercisable at
$0.15 per share for a period of two years, and are subject to a
four-month hold period. Of the 1,400,000 stock options, 200,000 are
subject to a vesting schedule. Twenty-five percent of those 200,000
stock options shall vest on dates that are three, six, nine and twelve
months following the date of grant.
International KRL Resources Corp. is a mineral exploration company
engaged in the acquisition, exploration and advancement of Canadian
mineral properties. It has a diversified property portfolio prospective
for uranium, copper and gold as well as lead-zinc-silver. For more
information on the property portfolio and International KRL Resources
Corp. please visit www.krl.net, www.sedar.com and www.sec.gov websites.
For Further Information Please Contact:
Seamus Young, President and CEO, 604-689-0299 x223
Judith Mazvihwa, Chief Financial Officer, 604-689-0299 x224
Statements contained in this news release that are not historical facts
are forward-looking statements, which are subject to a number of known
and unknown risks, uncertainness and other factors that may cause the
actual results to differ materially from those anticipated in our
forward looking statements. Although we believe that the expectations
in our forward looking statements are reasonable, actual results may
vary, and we cannot guarantee future results, levels of activity,
performance or achievements.
The TSX Venture Exchange has neither approved nor disapproved the
information contained herein.
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Copyright (c) 2008 INTERNATIONAL KRL RESOURCES CORP. (IRK) All rights
reserved. For more information visit our website at
http://www.krl.net/ or send mailto:info@krl.net
Message sent on Thu Mar 13, 2008 at 6:40:53 AM Pacific Time
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