First Calgary Petroleums Ltd. - Block Admission Return

 

    TSX: FCP   LSE:  FPL

 

    CALGARY, March 2 /CNW/ - First Calgary Petroleums Ltd. ("FCP") announces

that pursuant to its Block Admission submission dated 28 February 2006,

3,409,666 additional common shares have been reserved for issuance (underlying

3,603,000 stock options granted less 193,334 stock options cancelled). FCP

makes the following notification of changes in its outstanding warrants and

stock options for the period from 1 November 2004 to 31 December 2005 as

required by Schedule 8 of the AIM Rules:

 

   

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                 Warrants

    Warrants     Issued    Exercise                               Warrants

    Outstanding  During    Price                       Warrants   Outstanding

    31 Oct 2004  Period    (CAD $)    Expiry Date      Exercised  31 Dec 2005

    -------------------------------------------------------------------------

    118,528                $1.11      June 9, 2007       118,528      Nil

    -------------------------------------------------------------------------

     36,021                $5.00      April 19, 2005      36,021      Nil

    -------------------------------------------------------------------------

 

    -------------------------------------------------------------------------

    154,549                                              154,549      Nil

    -------------------------------------------------------------------------

 

 

    -------------------------------------------------------------------------

                                                                     Stock

                 Stock                                               Options

    Stock        Options  Exercise                                   Out-

    Options      Granted  Price                  Stock     Stock     standing

    Outstanding  During   CAD $ /                Options   Options   31 Dec

    31 Oct 2004  Period   share     Expiry Date  Exercised Cancelled 2005

    -------------------------------------------------------------------------

      400,000             $1.06     November 15,   400,000     Nil        Nil

                                     2004

    -------------------------------------------------------------------------

      700,000             $1.30     November 18,   700,000     Nil        Nil

                                     2004

    -------------------------------------------------------------------------

      100,000             $1.23     December 23,   100,000     Nil        Nil

                                     2004

    -------------------------------------------------------------------------

        5,000             $0.67     August 17,       5,000     Nil        Nil

                                     2005

    -------------------------------------------------------------------------

       25,000             $0.95     August 30,      25,000     Nil        Nil

                                     2005

    -------------------------------------------------------------------------

      100,000             $0.65     November 14,   100,000     Nil        Nil

                                     2005

    -------------------------------------------------------------------------

       36,000             $0.50     February 27,    36,000     Nil        Nil

                                     2006

    -------------------------------------------------------------------------

      744,000             $0.77     August 8,      439,000     Nil    305,000

                                     2006

    -------------------------------------------------------------------------

       20,000             $0.61     November 15,       Nil     Nil     20,000

                                     2006

    -------------------------------------------------------------------------

    1,070,000             $0.50     November 29,   692,300     Nil    377,700

                                     2006

    -------------------------------------------------------------------------

      900,000             $0.70     January 24,    900,000     Nil        Nil

                                     2007

    -------------------------------------------------------------------------

      200,000             $0.82     January 29,        Nil     Nil    200,000

                                     2007

    -------------------------------------------------------------------------

      913,334             $1.25     August 29,     408,334     Nil    505,000

                                     2007

    -------------------------------------------------------------------------

       17,000             $1.90     December 12,    17,000     Nil        Nil

                                     2007

    -------------------------------------------------------------------------

       27,000             $2.36     January 29,      2,000     Nil     25,000

                                     2008

    -------------------------------------------------------------------------

      883,334             $2.60     January 30,     33,334     Nil    850,000

                                     2008

    -------------------------------------------------------------------------

       50,000             $2.47     February 1,     50,000     Nil        Nil

                                     2008

    -------------------------------------------------------------------------

       50,000             $2.47     May 15,         50,000     Nil        Nil

                                     2008

    -------------------------------------------------------------------------

       52,000             $2.95     July 30,        27,000     Nil     25,000

                                     2008

    -------------------------------------------------------------------------

    2,525,000             $4.72     October 28,     27,667     Nil  2,497,333

                                     2008

    -------------------------------------------------------------------------

      220,000             $7.69     December 24,       Nil     Nil    220,000

                                     2008

    -------------------------------------------------------------------------

      100,000             $7.45     February 5,        Nil     Nil    100,000

                                     2009

    -------------------------------------------------------------------------

       75,000             $7.81     March 10,          Nil  50,000     25,000

                                     2009

    -------------------------------------------------------------------------

      100,000             $7.70     March 15,          Nil     Nil    100,000

                                     2009

    -------------------------------------------------------------------------

       30,000             $7.77     April 16,       20,000  10,000        Nil

                                     2009

    -------------------------------------------------------------------------

      230,000             $11.10    June 10,        16,000  30,000    184,000

                                     2009

    -------------------------------------------------------------------------

       65,000             $11.55    June 28,           Nil     Nil     65,000

                                     2009

    -------------------------------------------------------------------------

       75,000             $10.95    June 29,           Nil  25,000     50,000

                                     2009

    -------------------------------------------------------------------------

       65,000             $12.02    August 4,          Nil  65,000        Nil

                                     2009

    -------------------------------------------------------------------------

                  40,000  $15.77    November 15,       Nil     Nil     40,000

                                     2009

    -------------------------------------------------------------------------

               2,098,000  $6.21     November 15,     6,666  13,334  2,078,000

                                     2010

    -------------------------------------------------------------------------

                 350,000  $6.34     November 26,       Nil     Nil    350,000

                                     2010

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                 950,000  $6.39     December 6,        Nil     Nil    950,000

                                     2010

    -------------------------------------------------------------------------

                 140,000  $7.65     December 15,       Nil     Nil    140,000

                                     2010

    -------------------------------------------------------------------------

                  25,000  $8.59     December 19,       Nil     Nil     25,000

                                     2010

    -------------------------------------------------------------------------

 

    -------------------------------------------------------------------------

    9,777,668  3,603,000                         4,055,301 193,334  9,132,033

    -------------------------------------------------------------------------

    -------------------------------------------------------------------------

 

    As at 31 December 2005, the Company's fully diluted common shares were

211,979,627 consisting of 202,847,594 common shares issued and 9,132,033

outstanding stock options.

 

    First Calgary Petroleums Ltd. is an oil and gas exploration company

actively engaged in international exploration and development activities in

Algeria. The Company's common shares trade on the Toronto Stock Exchange in

Canada (FCP) and on the AIM market of the London Stock Exchange in the UK

(FPL).

 

    This press release is being issued in compliance with the rules of the

AIM market of the London Stock Exchange.

 

    This news release includes statements about expected future events and

financial results that are forward looking in nature and subject to risks and

uncertainties. FCP cautions that actual performance may be affected by a

number of factors, many of which are beyond its control. Future events and

results may vary substantially from what First Calgary Petroleums Ltd.

currently foresees.

   

 

For further information: John van der Welle, Finance Director and CFO,

First Calgary Petroleums Ltd., Tel: (403) 264-6697, Website: www.fcpl.ca;

Other contacts: James Henderson, Pelham Public Relations,

Tel: +44 (0) 207 743 6673; Carina Corbett, 4C - Burvale Limited,

Tel: +44 (0) 207 907 4761

    (FPL)



END



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