News Release
June 11, 2002
STOCK OPTIONS
Ballad Ventures Ltd. (the “Company”) announces that it has granted Incentive Stock Options on 200,000 shares of the Company’s capital stock, exercisable up to two (2) years at a price of $ 0.23 per share which price is not lower than the last closing price of the Company’s shares prior to this announcement less the applicable discount. The options granted may not be exercised until regulatory approval has been obtained and will be subject to any applicable regulatory hold periods.
BALLAD VENTURES LTD.
Per:
Anthony J. Beruschi, President
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release.