Granting of Incentive Stock Options

July 12th, 2004

July 12, 2004 - ATAC Resources Ltd. announces that it has granted incentive stock options to certain directors, officers and employees pursuant to its Stock Option Plan, entitling them to purchase up to a total of 2,340,000 shares at a price of $0.25 per share for a period of 5 years.

ATAC RESOURCES LTD.

Per: Robert C. Carne, President



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