Copper Giant Resources Corp. press release
PetroShale Announces Grant of Share Awards
TSXV - TSX Venture Exchange · Copper · Molybdenum · Gold · Silver · Zinc · Lead · Canada
Canada NewsWire
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.
View original content: http://www.newswire.ca/en/releases/archive/April2021/27/c2178.html
Earlier from Copper Giant Resources Corp.
- PetroShale Announces Closing of Previously Announced Rights Offering, Private Placement and Recapitalization Transaction
- PetroShale Announces Formal Agreement With Syndicate of Lenders for Amendments to its Credit Facility and Provides a Recapitalization Transaction Update
- PetroShale Announces Year End 2020 Financial Results and Reserves and Provides 2021 Guidance