Challenger gives option to purchase 300,000 shares
Wednesday, October 17 2012 - 01:01 AM WIB
By Peni Pedriawan
TSE-listed Challenger Deep Resources Corp, an exploration company focused on Indonesian coal industry, announced the grant of options to purchase 300,000 shares to a director and officer of PT Bestindo Energy.
Bestindo is Challenger's wholly owned Indonesian subsidiary.
It said that the options have an exercise price of $0.30 and are for a five year term.
Editing by Adianto P. Simamora