Twoco Petroleums Ltd. Announces Issuance of Stock Options
October 13 2011 - 5:41PM
Marketwired
Twoco Petroleums Ltd. (the "Company") (TSX VENTURE:TWO) announces
that options to purchase 3,500,000 common shares of the Company
were granted to officers, directors, employees and consultants of
the Company with an exercise price of $0.20 per share. The options
will expire five years from the date of grant.
One-half of the options granted vest at the date of grant and
the remaining options will vest one year from the date of
grant.
Neither 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.
Contacts: Twoco Petroleums Ltd. Wayne A. Malinowski President
and Chief Executive Officer (403) 231-8653 (403) 237-6048 (FAX)
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