Oct 29 2009
Boyuan Construction Group, Inc., (TSX-V: BOY & BOY.DB) a fast-growing construction company in China of commercial, residential and municipal infrastructure projects, announced today that an aggregate total of 140,000 options have been granted to Francis Leong, Dave Horsley, Liu Manjhong and Fang Lixin, the four independent directors on the Company's Board.
No options were granted to directors who are officers of or to officers of the Company. The options grant is pursuant to Boyuan's incentive stock option plan.
The options have an exercise price of CDN $2.63 based on the Company's closing share price on the TSX Venture Exchange on October 27, 2009. The expiry date for the options is October 28, 2014.
Source: http://www.boyuangroup.com/