Press Releases

Fieldex's board amends the corporation's stock option plan and grants options to directors

Fieldex Exploration Inc. (FLX :TSXV) announces that the board of directors approved an amendment to the corporationís stock option plan increasing the number of options that may be granted under the plan to 2,602,967, which represents 10% of the current issued and outstanding common shares. In addition, the board of directors has granted an aggregate of 550,000 options to five directors and one consultant. The options are exercisable at $0.40 per share and are for a term of five years. The amendment of the plan is subject to regulatory approval.