TSX Venture Exchange Symbol: DES
CALGARY, June 10 /CNW/ - Desmarais Energy Corporation (TSXV: DES) (the "Corporation" or "Desmarais") announces that it has granted stock options to purchase an aggregate of 800,000 common shares of the Corporation, at an exercise price of $0.125 per share. The stock options were granted pursuant to the Corporation's stock option plan, shall fully vest upon issuance and shall expire 3 years from the date of issue. The stock options were granted to consultants and directors.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Advisory: This press release may contains certain forward-looking statements within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward looking statements. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The forward looking statements contained in this press release are made as of the date hereof and Desmarais undertakes no obligation to update publicly or revise any forward looking statements or information, unless so required by applicable securities laws.
SOURCE Desmarais Energy Corporation
For further information: For further information: James G. Long, President, Desmarais Energy Corporation, Tel: (403) 265-8007, Fax: (403) 264-7076, E-mail: email@example.com, Website: www.desmaraisenergy.com