Grant of Options

20 Sep 2006 16:13

Landore Resources Limited20 September 2006 20 September 2006 Landore Resources Limited ("Landore" or "the Company") Grant of Options Landore announces that yesterday the board of the Company approved the grant ofoptions over 2,500,000 ordinary shares of 1p each in the Company ("OrdinaryShares") to Directors, pursuant to the Company's Share Option Scheme. Theoptions were granted as follows: Director Options granted Options held following this notification William Humphries 1,000,000 3,800,000Richard Prickett 1,000,000 3,100,000James Garber 500,000 1,500,000 The options are exercisable (in whole or in part) at any time up to the 5thanniversary of the date of grant and are exercisable at a price of 9.75p pershare. The board has also granted a further 375,000 options over Ordinary Shares toemployees of the Company, exercisable on the same terms as above. This information is provided by RNS The company news service from the London Stock Exchange