CALGARY, Nov. 22, 2013 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the
"Company") (TSXV:OIL) announces that it has granted a total of 140,000
stock options effective November 21, 2013 to a director of the Company
pursuant to the Company's stock option plan. The options are
exercisable at a price of $0.52 per share. The options have a
five-year term and vest as to one third each year following the date of
LGX is a uniquely positioned, technically driven, junior oil and natural
gas company with a proven management team committed to aggressive,
cost-effective growth of light oil reserves and production combined
with high impact exploration potential in southern Alberta. LGX's
common shares trade on the TSX Venture Exchange under the symbol OIL.
SOURCE: LGX Oil + Gas Inc.
For further information:
Trent J. Yanko, P.Eng.
President + CEO
Vice President, Finance + CFO
4400, 525 - 8th Avenue S.W.
Calgary, AB T2P 1G1