CALGARY, May 11 /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 $1.50 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 72.4 million Common Shares outstanding (77.3 million fully
diluted following this granting of options).
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
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