Norwood Resources Ltd. - Grant of Options

Trading Symbol: NRS

VANCOUVER , Sept. 15 /CNW/ - Norwood Resources Ltd. (the "Company") announces that it has granted an aggregate of 5,985,000 stock options to Directors, Officers, Employees and Consultants of the Company in accordance with the terms of the Company's stock option plan. The options will be exercisable for a ten-year period at a price of $0.25 per share and are subject to the policies of the TSX Venture Exchange.

    
    ON BEHALF OF THE BOARD OF DIRECTORS OF
    NORWOOD RESOURCES LTD.

    "Raymond Cahill"

    Raymond Cahill
    President

                             WE SEEK SAFE HARBOUR
    

This press release contains certain forward-looking statements. While these forward-looking statements represent our best current judgment, they are subject to a variety of risks and uncertainties that are beyond the company's ability to control or predict and which could cause actual events or results to differ materially from those anticipated in such forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements.

    
           THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY
                 FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE
    

For further information: about Norwood Resources Ltd. (NRS) contact: Raymond Cahill, President, E-Mail: [email protected], Telephone: [phone]