CALGARY, Dec. 20 /CNW/ - Cirrus Energy Corporation (TSXV: CYR) ("Cirrus")
announced today that it has granted options to directors, employees and
consultants of Cirrus to acquire up to 535,000 Common Shares having an
exercise price of $2.55 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 58,267,333 Common Shares outstanding (62,997,333 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 350, 926 - 5th Avenue S.W., Calgary, Alberta
T2P 0N7, Canada, Website: www.cirrusenergy.ca, Telephone: (403) 216-5030,
Facsimile: (403) 265-9530