LGX Oil + Gas Inc. announces stock option grant
22 Diciembre 2015 - 4:58PM
PR Newswire (Canada)
CALGARY,
Dec. 22, 2015 /CNW/ - LGX Oil +
Gas Inc. ("LGX" or the "Company") (TSXV:OIL) announces that it has
granted a total of 4,300,000 stock options to directors, officers,
employees and consultants of the Company pursuant to the Company's
stock option plan. The options are exercisable at a price of
$0.025 per share. The options
have a five-year term and vest as to one third each year following
the date of grant. Following this grant LGX has 7,902,500 stock
options outstanding.
LGX is a uniquely positioned, technically driven,
junior oil and natural gas company with a proven management team
committed to aggressive, cost-effective growth of light oil
reserves and production combined with high impact exploration
potential in southern Alberta. LGX's common shares trade on
the TSX Venture Exchange under the symbol OIL.
SOURCE LGX Oil + Gas Inc.
Copyright 2015 Canada NewsWire
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