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| | January 14, 2005
News Release
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| | Dundarave Resources Inc. (TSX-V: DDX), ("the Company") wishes to announce that Dr. John Guilbert has resigned as director. The board and management wish to extend their sincere thanks for his contribution over the past few years.
In addition the Company announces the grant of directors and employees incentive options to purchase up to 250,000 shares in the capital of the Company at a price of $0.28 for a period of two years, expiring on January 14, 2007. The foregoing is subject to TSX Venture exchange approval.
ON BEHALF OF THE BOARD
Paul Matysek, M.Sc., P. Geo.
President & CEO
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release. |
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