TORONTO, ONTARIO — (Marketwire) — 07/24/12 — Vector Resources Inc. (TSX VENTURE: VCR.P) ("Vector") announces that pursuant to the terms and conditions of its stock option plan and a letter of partial surrender of options received by Vector from its four Directors, Vector has cancelled in the aggregate, 50,000 incentive stock options to purchase Common Shares of Vector on July 20th, 2012 and will reissue 50,000 incentive stock options to purchase Common Shares of Vector exercisable
