Ditem Increases Limit of Issuable Shares of Stock Option Plan and Grants Options to Directors and Officers
17:31 EST Thursday, December 20, 2007
MONTREAL, QUEBEC--(Marketwire - Dec. 20, 2007) - Ditem Explorations (TSX VENTURE:DIT)(FRANKFURT:D8X) is pleased to announce that it has amended its Stock Option Plan in order to increase the limit of common shares issuable from 3,888,051 to 4,441,744 common shares, an increase of 553,693 common shares.
Also, the company has granted an aggregate of 1,200,000 incentive stock options to the directors and officers of the corporation at an exercise price of $0.65 per share expiring five years from the date of grant.
The amendment of the Stock Option Plan is subject to regulatory approvals.
As of this date, Ditem has 1,625,000 stock options outstanding.
FOR FURTHER INFORMATION PLEASE CONTACT:
Raymond Savoie 514-875-9034 [email protected] www.ditem.ca
