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Lycos Energy Inc. press release

Samoth Oilfield Inc. Announces Grant of Stock Options

TSXV - TSX Venture Exchange · Oil · Natural Gas · Canada · Management & Governance

St. Albert, Alberta--(Newsfile Corp. - December 31, 2021) - Samoth Oilfield Inc. (TSXV: SCD) (the "Company") announces that the Board of Directors of the Company granted an aggregate of 1,945,000 options to purchase common shares of the Company to certain directors and officers pursuant to the Company's stock option plan. The options are exercisable at a price of $0.07 per share for a period of five years. The grant of options is subject to the approval of the TSX Venture Exchange.

For further information please contact:

Samoth Oilfield Inc. Leonard Jaroszuk President and Chief Executive Officer (780) 418-4400 Email: jaroszuk@gmail.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108851

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