Channel Resources Grants Stock Options
Vancouver, BC - Channel Resources Ltd. ("Channel" or the "Company", TSX.V:CHU) announces that it has granted incentive stock options ("Options") to directors, management and consultants for the purchase of up to a total of 2,625,000 common shares of the Company at an exercise price of $0.15 per share.
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July 30, 2012 (Source: Channel Resources, Ltd.)
Disclosure: Channel Resources, Ltd. is a Vulture Bargain Candidate of Interest (VBCI). Members of the GGR team are actively accumulating and hold long positions in CHU.T.