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MENAFN - - 12/5/2012 6:14:00 PM

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Freeport Capital Inc. (fas:CNSX) Grant of Stock Options

MONTREAL, Dec. 5, 2012, 2012 (Menafn - Canada NewsWire via COMTEX) --Freeport Capital Inc. (the "Company") a leader on Mobile Credit and PIN Debit payment solutions, announces that on December 5(th), 2012 it has granted 649 694 stock options to the following persons:


____________________________________________
OptioneePositionOptions
__________________________________________
Michele (Mike) TasilloDirector79,242
__________________________________________
Stephane BoisvertDirector79,242
__________________________________________
Pierre McMasterDirector79,242
__________________________________________
Variance Strategy LLCConsultant158,484
__________________________________________
Anthony BaroneDirector79,242
__________________________________________
Bruce BaillioDirector79,242
__________________________________________
Mario MastrangeloConsultant45,000
__________________________________________
John De LucaConsultant50,000
__________________________________________




Each option granted shall entitle each optionee to purchase 1 common share of the Company at an exercise price of 1.00 expiring on December 4(th), 2015.

About Freeport Capital Inc.

Freeport Capital Inc. (cnsx:FAS) develops an Enterprise Ready Mobile Payment Platform for the leading OS's (IOS, Android, BB and Windows 7). The Corporation wholly owned subsidiary First Equity Strategy LLC markets itself with the DBA: HybridPay Tech. Visit www.hybridpaytech.com and click on our corporate video presentation http://www.youtube.com/watch?v=XvZHrck2eag&feature=youtu.be

The Canadian National Stock Exchange (CNSX) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy. This news release does not constitute a solicitation to buy or sell any securities in the United States

SOURCE: FREEPORT CAPITAL INC.

To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/December2012/05/c6684.html

SOURCE: FREEPORT CAPITAL INC.

Please visitwww.freeportcapitalinc.com or contact Mr. Michele Tasillo 514-394-5200


 






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