Vancouver, B.C. December 19, 2011 Lovitt Resources Inc. (TSXV: “LRC”, “the Company”) is pleased to announce that it has issued options to Directors, Employees and Consultants by reserving 630,000 shares at 55 cents per share in accordance with stock option plan of the Company. The stock options will have a term of two years, and are subject to a vesting program allowing release of 25% of the options awarded every three months from today’s date.
Lion Market Advisory of Vancouver has been awarded 50,000 options under the current issuance and will be paid a monthly retainer in return for providing investor relations services for one year, or longer, upon mutual agreement.
“By order of the Board of Directors”
C. Lorne Brown, President and Director
For more detailed information, please refer to the website of the Company at: http://www.lovittresources.com or eMail: [email protected] or call Lorne Brown, President of the Company at (509)668-8170.
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