Dianor Amends Option Agreements on Killala Properties

- April 21st, 2010

Dianor Resources Inc. (TSX VENTURE:DOR) reported that the company has amended certain terms and conditions of the option agreements for the Killala Lake South Property and Killala Lake East Property entered into on March 26, 2006 between Dianor and certain individuals to allow Dianor to issue common shares of its share capital in lieu of the agreed cash payment of $25,000 and $30,000 on March 25, 2009 and $35,000 and $50,000 on March 25, 2010 for respectively the Killala Lake South Property and Killala Lake East Property.

Dianor Resources Inc. (TSX VENTURE:DOR) reported that the company has amended certain terms and conditions of the option agreements for the Killala Lake South Property and Killala Lake East Property entered into on March 26, 2006 between Dianor and certain individuals to allow Dianor to issue common shares of its share capital in lieu of the agreed cash payment of $25,000 and $30,000 on March 25, 2009 and $35,000 and $50,000 on March 25, 2010 for respectively the Killala Lake South Property and Killala Lake East Property.

The press release is quoted as saying:

In other news, Dianor announces that its Board of Directors has made an annual grant of stock options to eight directors and officers in respect of an aggregate of 1,050,000 common shares. At the same time, Dianor made an annual grant of stock options to six employees and consultants in respect of an aggregate of 355,000 common shares.

Click here to access the entire press release

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