CALGARY, AB, April 27, 2021 /CNW/ - PetroShale Inc.
("PetroShale" or the "Company") (TSXV: PSH), (OTCQB:
PSHIF) announces that pursuant to its Bonus Award Incentive Plan
(the "Plan"), an aggregate of 1,511,571 restricted awards
("Restricted Awards") and 4,359,498 performance awards
("Performance Awards") were granted to certain officers and
employees of PetroShale. The awards vest equally and annually
commencing on July 31, 2022 and shall
expire on December 15, 2024. The
awards may be settled by PetroShale, in its sole discretion, in
cash and/or shares, in accordance with the terms of the Plan.
About PetroShale
PetroShale is an oil company engaged in the acquisition,
development, and production of high-quality oil-weighted assets in
the North Dakota Bakken / Three Forks.
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.
SOURCE PetroShale Inc.