Vancouver, B.C., June 10, 2009. Pancontinental Uranium Corporation (TSX-V: PUC) (“Pancon” or “the Company”) is pleased to update shareholders on the results of the annual and special meeting held on June 3, 2009.
At the annual and special meeting of shareholders, held on June 3, 2009, shareholders re-elected management’s nominees for directors of the Company and passed resolutions ratifying the Company’s rolling stock option plan and the re-pricing and extension of all outstanding stock options.
Following the meeting, the Company, pursuant to its stock option plan, granted 50,000 stock options to an officer of the Company. Each option entitles the holder to purchase one common share of the Company at $0.20 until June 3, 2014.
ON BEHALF OF THE BOARD OF DIRECTORS
Rick Mark President & CEO
For further information, please contact:
Richard Mark President and CEO 604-986-2020 or 1-866-816-0118
Keith Patey Director of Communications 604-986-2020 or 1-866-816-0118
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Language and Forward Looking Statements This press release may contain “forward-looking statements”, which are subject to various risks and uncertainties that could cause actual results and future events to differ materially from those expressed or implied by such statements. Investors are cautioned that such statements are not guarantees of future performance and results. Risks and uncertainties about the Company’s business are more fully discussed in the Company’s disclosure documents filed from time to time with the Canadian securities authorities.
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