Petra Petroleum Inc. Announces the Grant of Stock Options
September 12 2011 - 1:35PM
Marketwired
Petra Petroleum Inc. (the "Company") (TSX VENTURE: PTL) is pleased
to announce the grant of a total of 100,000 stock options to its
Director, Finance & Administration which will vest after six
months from the date of grant, at an exercise price of $0.43 each
and will be exercisable for a period of five years from the date of
grant.
The total number of options outstanding as of the date hereof is
3,790,000.
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.
Contacts: Petra Petroleum Inc. Robert A. Lambert Chief Executive
Officer +44-7837-463-596 Petra Petroleum Inc. Michael Atkinson
Chairman (604) 689-1428 (604) 681-4692 (FAX) www.petrapetro.com