CALGARY, May 10 /CNW/ - Cirrus Energy Corporation (TSXV: CYR) ("Cirrus") announced today that it has granted options to an employee of Cirrus to acquire up to 30,000 Common Shares having an exercise price of $1.60 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, Trinidad and the U.K. and currently has 88.1 million Common Shares outstanding (93.3 million fully diluted following this granting of options).
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
SOURCE CIRRUS ENERGY CORPORATION
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