Symbol: WBE.V
Bid: 0.10    Ask: 0.12
Last:0.11    Change: 0.00
Volume: 80000     Trades: 2
Open: 0.11   Hi: 0.11   Low: 0.11
Year High: 0.20    Year Low: 0.10
(15 Minute Delayed Quote)
Investor Information News Releases Financial Statements Request Info Package Management & Directors

WestBond grants options
March 12th 2008
WestBond Enterprises Corp. has granted incentive stock options to purchase up to 800,000 common shares in the capital of the company at a price of 10 cents per share until March 12, 2013. The optionees include directors, officers and employees of WestBond.

Gennaro Magistrale, president of WestBond, of 7871 82nd St., Delta, B.C., V4G 1L9, received an option to buy 250,000 shares, which represents approximately 2.2 per cent of the issued and outstanding shares of WestBond (assuming exercise of the option and that no other common shares of WestBond are issued).

After giving effect to the acquisition referred to above, Mr. Magistrale beneficially owns 1,435,524 common shares, options to purchase in total 500,000 common shares and warrants to purchase in total 526,316 common shares, which if no other outstanding convertible securities were converted, would represent approximately 20.4 per cent of the issued and outstanding common shares of WestBond.

Owen Granger, secretary/treasurer and chief financial officer of WestBond, of 7871 82nd St., Delta, B.C., V4G 1L9, received an option to buy 200,000 shares, which represents approximately 1.8 per cent of the issued and outstanding shares of WestBond (assuming exercise of the options and that no other common shares of WestBond are issued).

After giving effect to the acquisition referred to above, Mr. Granger beneficially owns 703,950 common shares, options to purchase in total 350,000 common shares and warrants to purchase in total 263,158 common shares, which if no other outstanding convertible securities were converted, would represent approximately 11.3 per cent of the issued and outstanding common shares of WestBond.

Mr. Magistrale and Mr. Granger may, depending on market and other conditions, increase or decrease their beneficial ownership, control or direction over common shares or other securities of WestBond through market transactions, private agreements, treasury purchases, exercise of convertible securities or otherwise.

Mr. Magistrale and Mr. Granger will file reports describing the above transactions with applicable securities regulators, a copy of which will be available from WestBond at 604-940-3939 and under WestBond's profile on SEDAR.



Home | About Us | Products | Investor Information | Contact Us

Copyright 2002-2017 WestBond Enterprises Corporation. All Rights Reserved.
Website design by MediaWave Communications Corp.