Cavvy Energy Ltd. press release
Grant of options and shares
TSX - Toronto Stock Exchange ยท Canada
RIMOUSKI, QC, Feb. 3 /CNW Telbec/ - Petrolia (PEA : TSX-V) announces, in accordance with its remuneration policy and stock option plan, that the Company's board of directors has granted directors, officers, employees and consultants 1,450,000 stock purchase options that are exercisable at a price of $0.40 per share until February 3, 2011. The Company has granted to a service provider a maximum of 25,000 shares over a period of 5 years, of which 5,000 shares are payable in 2006.
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