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 Fri Jul 25, 2008
Stock Options Granted

 

Helio Resource Corp. (TSX-V: HRC) ("Helio" or the "Company") announces that the Company has granted 1,150,000 incentive stock options to certain directors, employees, and consultants of the Company, including 500,000 to independent directors and the CFO of the Company. The stock options have an exercise price of $0.85 per share and will vest after a 12 month period. The stock options will expire on July 23, 2013.

For additional information, please contact Richard Williams or Irene Dorsman at (604) 638 8007 or by e-mail to or .

ON BEHALF OF THE BOARD OF DIRECTORS


"Richard D. Williams"
Richard D. Williams, P.Geo
CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
 
 

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