Standard Exploration Ltd. Issues Stock Optionsadmin
Standard Exploration Ltd. Issues Stock Options
Calgary, Alberta CANADA, April 04, 2014 /FSC/ – Standard Exploration Ltd.(the “Corporation”) (TSX VENTURE: SDE) announces that effective April 1, 2014 its Board of Directors has approved the granting of stock options to purchase 2,600,000 common shares of the Corporation to the Corporation’s directors and officers, subject to regulatory and TSX Venture Exchange approval.
The options were issued with an exercise price of $0.05 per share, vest as to one-third immediately, one-third after the first anniversary and one-third after the second anniversary and have a five year term from the date of issuance.
FOR FURTHER INFORMATION PLEASE CONTACT:
Standard Exploration Ltd.
Tom MacKay, CEO or Vince Ghazar, CFO
Office: (403) 262-4450
The Corporation is a Canadian based oil and gas corporation with operations in Alberta, Canada and is traded on TSX Venture Exchange. The Corporation’s public filings may be found at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that terms is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view this press release as a PDF, pelase click on the following link:
Source: Standard Exploration Ltd. (TSX-V: SDE)
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Posted: April 4th, 2014 under FSCWIRE.