Western Lithium Grants Stock Options

- July 15th, 2010

Western Lithium USA Corporation (TSX VENTURE:WLC)(PINK SHEETS:WLCDF) has granted incentive stock options to various officers, employees and consultants for the purchase of up to 725,000 common shares of the Company, at a price of $0.88 per share, for a five year period.

Western Lithium USA Corporation (TSX VENTURE:WLC)(PINK SHEETS:WLCDF) has granted incentive stock options to various officers, employees and consultants for the purchase of up to 725,000 common shares of the Company, at a price of $0.88 per share, for a five year period.

The press release is quoted as saying:

Western Lithium is developing the Kings Valley, Nevada lithium deposit into potentially one of the world’s largest(1) strategic, scalable and reliable sources of high quality lithium carbonate. The Company is positioning itself as a major U.S.-based supplier to support the rising global demand for lithium carbonate that is expected from the increased use of hybrid/electric vehicles.

Click here to access the entire press release

Click here to access Western Lithium Corporate Site

Tags

Leave a Reply