NVS Novus Energy Inc.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S. CALGARY, Dec. 9, 2011 /CNW/ - Novus Energy Inc. ("Novus" or the "Company") announces that it has granted a total of 1,100,000 options to certain employees of the Company, including 125,000 options to one officer of the Company.  These incentive stock options are a key component in Novus' overall compensation package, and are utilized to attract and retain top performing individuals within each key discipline. Each option entitles the holder the right to acquire one common share of the Company at an exercise price of $0.81 per share and will expire five years from the date of issue. One quarter of the options vest every six months, with the first tranche vesting six months from the date of grant. Neither the 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. Novus Energy Inc. CONTACT: Hugh G. Ross Ketan PanchmatiaPresident and CEO VP Finance and CFOTelephone: 403.263.4310 Telephone: 403.263.4310Fax: 403.263.4368 Fax: 403.263.4368

Copyright