August 20, 2012 Heatherdale Announces Grant Of Options
August 20 2012, Vancouver, BC -- Heatherdale Resources Ltd. ("Heatherdale" or the "Company") (TSX Venture: HTR) announces the grant of 711,000 stock options to certain directors and officers of the Company.
The options have been granted under the terms of the Company's stock option plan with an exercise price of $0.165 per share (based on the closing price at the end of trading on August 17, 2012) and vesting in three equal tranches: six, twelve and 18 months after the date of grant, with a five year term.
Heatherdale Resources Ltd. is a Vancouver-based exploration and development company focused on advancing two Alaska-based assets, the 100%-owned Niblack copper-gold-zinc-silver project and the mid-stage Delta copper-lead-zinc-gold-silver project in which it holds a 60% interest.
For additional details on Heatherdale, please visit the Company's website at www.heatherdaleresources.com or contact Investor Services at (604) 684-6365 or within North America at 1-800-667-2114.
On behalf of the Board of Directors
President and Chief Executive Officer
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Heatherdale Resources Ltd.
Suite 1800, 555 Burrard Street, PO Box 220
Vancouver BC V7X 1M9