Crown Point Announces Stock Option Grant
09 Mayo 2014 - 6:00PM
Marketwired
Crown Point Announces Stock Option Grant
CALGARY, ALBERTA--(Marketwired - May 9, 2014) - Crown Point
Energy Inc. ("Crown Point" or the "Company") (TSX-VENTURE:CWV)
announces that the board of directors of the Company, as part of
its compensation process, has granted options to directors,
officers and employees of the Company and its subsidiaries. Of the
1.28 million options granted, a total of 1.0 million options were
granted to directors and officers of the Company and its
subsidiaries. Each option has an exercise price of C$0.87 per share
and is exercisable for a period of five years from the date of
grant.
About Crown Point
Crown Point Energy Inc. is an international oil and gas
exploration and development company headquartered in Calgary,
Canada, incorporated in Canada, trading on the TSX Venture Exchange
and operating in South America. Crown Point's exploration and
development activities are focused in the, Neuquén, Austral and
Golfo San Jorge basins in Argentina. Crown Point has a strategy
that focuses on establishing a portfolio of producing properties,
plus production enhancement and exploration opportunities to
provide a basis for future growth.
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 news release.
Crown Point Energy Inc.Murray McCartneyPresident & CEO(403)
232-1150mmccartney@crownpointenergy.comCrown Point Energy
Inc.Arthur J.G. MaddenVice-President & CFO(403)
232-1150amadden@crownpointenergy.comCrown Point Energy Inc.Brian J.
MossExecutive Vice-President & COO(403)
232-1150bmoss@crownpointenergy.comwww.crownpointenergy.com
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