| | November 24, 2006
Company Update
Bard Ventures Ltd. ("Bard" or the "Company") announces that on November 24, 2006, the Company granted incentive stock options to its directors, officers, employees and consultants to purchase a total of 4,800,000 shares of the Company at a price of $0.10 per share. The grant to its directors, officers and employees expires on November 24, 2011 and to its consultants expires on November 24, 2008. The grant is subject to a hold period that expires on March 25, 2007. Also, in accordance with the policies of the TSX Venture Exchange, the grant is subject to vesting provisions for the first 18 months.
On behalf of:
Bard Ventures Ltd.
"Eugene Beukman"
Eugene Beukman, President
For further information please visit our website at www.bardventures.com
This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information. |
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