Developing The Highly Acclaimed Coringa Property in Brazil
High Grade Gold Of 28.80 g/t Au, with 95.50 g/t Ag, 3.51% Pb and 0.66% Zn Intersected over 1.0 m at Coringa
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Message: NEWS - Chapleau Resources Ltd.: Company Grants Incentive Stock Options

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Re: NEWS - Chapleau Resources Ltd.: Company Grants Incentive Stock Options

in response to Re: NEWS - Chapleau Resources Ltd.: Company Grants Incentive Stock Options by baseballfan
posted on Feb 06, 08 05:06AM

You can't quite look at it that way baseballfan since 800,000 shares are guarenteed to go on the market (Coringa drilling), and the 2.5 million shares is not guarenteed to be exercised. So all in all, there is a slight dilution here. That said, at the end of the day the float may very well decrease with the 2.5M off the market now. 

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Executive Address

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Ian Gendall
President & Director
February 25, 2008

The following broadcast is an Executive Address conducted with Chapleau Resources President & Director, Mr. Ian Gendall

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