FSC / Press Release
Option Grant
Calgary, Alberta CANADA, November 05, 2009 /FSC/ - Platinum Communications Corporation (PCS - TSX Venture), ("Platinum" or the "Corporation") announces that options to acquire up to 500,000 common shares of the Corporation were granted to an officer of the Corporation pursuant to the Corporation's stock option plan. Each of the options is for a five year term, expiring on July 24, 2014, and are exercisable at a price of $0.20 per share.
About Platinum Communications
Platinum Communications Corporation (TSX-V: PCS) is a leading provider of superior quality fixed wireless Internet and broadband solutions. The company operates a wireless broadband network that extends from north of Edmonton to south of Calgary, covering more than 65,000 square kms and servicing more than 8,500 customers and 170 communities from 122 service delivery locations. Additionally, Platinum utilizes the Alberta SuperNet, one of the largest IP networks in the world. This high-speed performance network connects 429 communities in both urban and rural Alberta. Platinum's high quality infrastructure and excellent service record make it the provider of choice for business and residential customers within its vast coverage area. For more information, please visit our website at www.platinum.ca or call 403-301-4591.
This news release may contain forward-looking statements. These forward-looking statements do not guarantee future events or performance and should not be relied upon. Actual outcomes may differ materially due to any number of factors or uncertainties, many of which are beyond Platinum's control. Some of these risks and uncertainties may be described in Platinum's corporate filings (posted at www.sedar.com). Platinum has no intention or obligation to update or revise any forward-looking statements due to new information or events.
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 news release.
For further information please contact:
Bernard Parkinson, CEO Danielle Leger, CFO
Phone (403) 301-4591 Phone (403) 301-4594
Source: Platinum Communications Corporation (PCS)http://www.platinum.ca
Source: Platinum Communications Corporation (TSX-V: PCS) http://www.platinum.ca
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