CALGARY, June 3 /CNW/ - Cirrus Energy Corporation (TSXV: CYR) ("Cirrus")
announced today that it has granted options to officers and directors of
Cirrus to acquire up to 1,430,000 Common Shares having an exercise price of
$1.99 per share, vesting evenly over a three year period and expiring two
years after vesting, pursuant to the Cirrus' stock option plan.
Cirrus Energy Corporation is an international oil and gas company
headquartered in Calgary with operations in The Netherlands and Trinidad and
currently has 72.5 million Common Shares outstanding (78.4 million fully
diluted following this granting of options).
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: David Taylor, President and Chief Executive
Officer, Pamela Orr, Vice President, Finance and Chief Financial Officer,
Cirrus Energy Corporation, Suite 208, 5 Richard Way S.W., Calgary, Alberta,
T3E 7M8, Canada, Website: www.cirrusenergy.ca, Telephone: (403) 216-5030,
Facsimile: (403) 265-9530