Allana Resources Appoints Stephen P. Halabura To Advisory Board

In addition Allana announces that it has granted a total of 880,000 options under the stock option plan of the Company to various members of management and Mr. Halabura in connection with his appointment. The options have an exercise price of $0.25 per option exercised and shall vest quarterly in eight equal installments over a two year period, subject to the statutory four month hold. The options shall expire five years from the date of grant and remain subject to regulatory approval.