MONTREAL, May 12 /CNW Telbec/ - Caldera Resources Inc. (the "Company") (TSX VENTURE: CDR) announces today that it has re-priced a total of 10,000,000 incentive stock options, originally issued to management, directors, and consultants in December, 2008, from $0.02 a share up to $0.10, as per TSX Venture Policies.
The Company currently has 11,903,000 stock options outstanding and exercisable at $0.10 per share.
About Caldera Resources Inc.
Caldera Resources Inc. is focusing on projects located in Southeastern Europe and Armenia, amenable to utilizing both chloride leaching and bioleaching technology for the economic recovery of base metals and precious metals from mine waste and tailings and refractory gold projects. Our technology partners include BacTech Mining Inc. of Toronto (TSX VENTURE: BM) and NMR360 of Montreal. BacTech is an expert on bioleaching technology for the recovery of gold and copper form sulphides and refractory ores, while NMR360 has access to proprietary chloride leaching technology and knowhow for the recovery of metals, precious metals and rare earths from complex ores. Caldera also owns the Ellendale and Runton diamond exploration property in Australia.
THIS NEWS RELEASE MAY INCLUDE CERTAIN "FORWARD-LOOKING STATEMENTS". ALL STATEMENTS OTHER THAN STATEMENTS OF HISTORICAL FACT, INCLUDED IN THIS RELEASE INCLUDING FUTURE PLANS AND OBJECTIVES OF CALDERA, ARE FORWARD-LOOKING STATEMENTS THAT INVOLVE VARIOUS RISKS AND UNCERTAINTIES. THERE CAN BE NO ASSURANCE THAT SUCH STATEMENTS WILL PROVE TO BE ACCURATE AND ACTUAL RESULTS AND FUTURE EVENTS COULD DIFFER MATERIALLY FROM THOSE ANTICIPATED IN SUCH STATEMENTS NO STOCK EXCHANGE, SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.
For further information: Bill Mavridis, President, Caldera Resources Inc., Direct Line: (514) 813-9200, bmavridis@calderaresources.com; Blog: www.calderaresources.com/blog; Follow us on twitter at www.twitter.com/CalderaRes
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