North American Gem Inc. Grants Incentive Stock Options

North American Gem Inc. (NAG) (TSX VENTURE:NAG) reported that pursuant to its stock option plan, the Company has granted incentive stock options to its directors, officers, consultants, and employees to purchase in the total of 1,750,000 common shares in the capital stock of the Company, subject to regulatory approval, exercisable for a period of five years, at a price of $0.13 per share.

The press release is quoted as saying:

North American Gem Inc. (TSX VENTURE:NAG) is a Junior Exploration Company based in Western Canada. The Company’s primary goal is to explore for Coal in North America, currently the focus is in Kentucky, Saskatchewan, and West Virginia. In addition to Coal exploration, the Company also has interests in Uranium, Copper, Gold, Molybdenum and other base metals in Canada

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