First Calgary Exercise of Stock Options by a Director
December 23 2002 - 2:00AM
UK Regulatory
First Calgary Petroleums Ltd. - Exercise of Stock Options by a Director
TSX: FCP
AIM-LSE: FPL
CALGARY, Dec. 20 /CNW/ - First Calgary Petroleums Ltd. announces that
20,000 new common shares have been issued today by the company and represents
the exercise of stock options by Richard G. Anderson, President & CEO of First
Calgary Petroleums Ltd. The stock options were exercised on December 17, 2002
at an exercise price of CAD$0.50/share. Mr. Anderson continues to hold
1,847,000 employee stock options in the company and currently owns 1,557,447
common shares, 1.44% of the total outstanding common shares, 1.32% of total
outstanding common shares assuming maximum subscription.
This press release is being issued in compliance with the rules of the
Alternative Investment Market of the London Stock Exchange ("AIM").
For further information: Richard G. Anderson, President and CEO,
Telephone: (403) 264-6697 or European contact: 4C Communications, Carina
Corbett, Telephone:+44(0)20 7907 4761
(FCP. FPL)
END
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