Finavera Wind Energy Inc : Finavera Wind Energy Grants Options
12/29/2011 | 05:35pm
December 29, 2011
VANCOUVER, Canada, December 29th, 2011 -
Finavera Wind Energy Inc. ("Finavera" or the "Company")
(TSX-V: FVR) announced today that
the Company has granted 250,000 incentive stock options to a
director. The share purchase options entitle the holder to
purchase up to 250,000 common shares of the capital stock of
the Company at a price of $0.65 per share for a period of
five years.
The issuance of these options is subject to the
approval of the TSX Venture Exchange.
Jason Bak, CEO
Statements in this news release, other than purely
historical information, including statements relating to the
Company's future plans and objectives or expected
results, constitute Forward-looking statements. The words
"would", "will", "expected" and "estimated" or other similar
words and phrases are intended to identify forward-looking
information. Forward-looking information is subject to known
and unknown risks, uncertainties and other factors that may
cause the Company's actual results, level of activity,
performance or achievements to be materially different than
those expressed or implied by such forward-looking
information. Such factors include, but are not limited to:
uncertainties related to the ability to raise sufficient
capital, changes in economic conditions or financial markets,
litigation, legislative or other judicial, regulatory and
political competitive developments and technological or
operational difficulties. Consequently, actual results may
vary materially from those described in the forward-looking
statements.
"Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release."
