Petrostar Grants Incentive Stock Options
May 29 2014 - 2:06PM
Access Wire
Nanton, AB
/ ACCESSWIRE / May
29, 2014 / Petrostar Petroleum Corp.
(TSX-Venture: PEP; "Petrostar" or "the Company") wishes to
announce the granting of 450,000 incentive stock options to Lynda
D. Olsen a director of the company. The options are being awarded
for Lynda's services as a director from November
25th,2013 to date.
The options will have a 5-year term
and an exercise price of $0.12.
The market price at the close
on May 27th, 2014 was $0.10.
About Petrostar Petroleum
Corp.
Petrostar is a Tier 2 Canadian-based
oil and gas exploration company trading on the TSX Venture Exchange
with property assets in both Alberta and Saskatchewan.
For further information, please
contact:
Bruce Scafe, IR and Communications
Officer
1-877-737-8864 or
bscafe@petrostarpetroleum.com
Alternate Contact.
Mackenzie Loree, CEO
1-403-861-6779 or
mloree@petrostarpetroleum.com
Neither the TSX Venture Exchange
nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
FORWARD LOOKING
INFORMATION
Certain information in this news
release is forward-looking within the meaning of certain securities
laws, and is subject to important risks, uncertainties and
assumptions. This forward-looking information includes, among other
things, information with respect to the Company's beliefs, plans,
expectations, anticipations, estimates and intentions. The words
"may", "could", "should", "would", "suspect", "outlook", "believe",
"anticipate", "estimate", "expect", "intend", "plan", "target" and
similar words and expressions are used to identify forward-looking
information. The forward-looking information in this news release
describes the Company's expectations as of the date of this news
release. The results or events anticipated or predicted in such
forward-looking information may differ materially from actual
results or events. Material factors which could cause actual
results or events to differ materially from a conclusion, forecast
or projection in such forward-looking information include, among
others, risks arising from general economic conditions and adverse
industry events.
When relying on forward-looking
information to make decisions, investors and others should
carefully consider the foregoing factors and other uncertainties
and potential events. The Company has assumed that the material
factors referred to in the previous paragraph will not cause such
forward-looking information to differ materially from actual
results or events. However, the list of these factors is not
exhaustive and is subject to change and there can be no assurance
that such assumptions will reflect the actual outcome of such items
or factors.
THE FORWARD-LOOKING INFORMATION
CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE
COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS
SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE
IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON
THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT
TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION ON AT ANY
PARTICULAR TIME.
SOURCE: Petrostar Petroleum Corp.
Petrostar Petroleum Corporation (TSXV:PEP)
Historical Stock Chart
From Jun 2024 to Jul 2024
Petrostar Petroleum Corporation (TSXV:PEP)
Historical Stock Chart
From Jul 2023 to Jul 2024