Kanosak Amends its Stock Option Plan
MONTREAL, Nov. 30, 2012 /CNW Telbec/ - Kanosak Capital Venture Corporation (TSXV: KKV) (the "Corporation" or "Kanosak") announces that it has increased the maximum number of common shares reserved for issuance under its stock option plan from 523,921 to 836,794, representing 10% of the Corporation's outstanding common shares to date. This increase is subject to the approval of the TSX Venture Exchange.
In addition, Kanosak has issued 200,000 stock options to a director, Jean Desmarais, having an exercise price of $0.30 each and expiring 10 years after their issuance.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Kanosak Capital Venture Corporation
Kanosak Capital Venture Corporation
François Ruel
President, Chief Executive Officer and Director
(514) 242-5952
(514) 504 9657 (fax)
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