MONTREAL, QUEBEC--(Marketwire - Sept. 23, 2009) - BOWMORE Exploration Ltd. (TSX VENTURE:BOW - News; "The Company") is pleased to announces that its Board of Directors approved the granting of incentive stock options under its stock option plan to its directors and a consultant to acquire up to an aggregate of 1,950,000 common shares of Bowmore. All of the options are exercisable for a period of 5 years at a price of $0.72 per share.
The options will vest over a period of two years and all common shares issuable pursuant to the exercise of options are subject to a hold period of four months and one day from the date of the option grant.
About BOWMORE
BOWMORE is a Canadian exploration mining company focused on precious metal exploration in Canada and Mexico.
The Company trades on the TSX Venture Exchange under the symbol "BOW".
Forward-looking statements:
Except for statements of historical facts, all statements in this news release regarding, without limitation, new project acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; Actual results and future events could differ materially from those anticipated in such statements.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this Press release.
Paul A. Dumas
BOWMORE Exploration Ltd.
President & CEO
(514) 861-4441
info@bowmorexploration.com
www.bowmorexploration.com
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