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Navasota Grants Stock Options
Navasota Resources Ltd. (NAV:TSX-V) has granted stock options to its directors and key employees entitling them to purchase, in total, up to 800,000 shares over a five year term expiring April 5, 2010 at an exercise price of $0.15 per share. Pursuant to the company's stock option plan, it will be a term of each stock option agreement that a mandatory hold period will be imposed upon the sale or disposition of any shares acquired for four months from the date of the grant of the stock options.
On behalf of the Board of Directors
Navasota Resources Ltd.
Signed
Christopher J. Wild, P.Eng.
President & CEO
Neither the TSX Venture Exchange nor any other regulatory body has approved or disapproved of the information contained herein.
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