Cordy Announces Grant of Stock Options
(firmenpresse) - CALGARY, ALBERTA -- (Marketwire) -- 12/18/12 -- Cordy Oilfield Services Inc. ("Cordy" or the "Corporation") (TSX VENTURE: CKK) is pleased to announce that, subject to regulatory approval, it has granted a total of 200,000 options to purchase common shares of the Corporation ("Options") to Dave Boomer, the Chief Financial Officer, in accordance with Cordy's stock option plan. The Options expire 5 years from the date of grant and have an exercise price of $0.24. One-third of the Options will vest every 12 months for a period of 3 years.
Cordy has determined that the exemptions from the various requirements of the TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 are available for the issuance of the Options to the directors and officers of Cordy (Formal Valuation - Issuer Not Listed on Specified Markets; Minority Approval - Fair Market Value Not More Than 25% of Market Capitalization).
Additional information on Cordy is available on our website or on SEDAR at .
Neither 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.
Contacts:
For general information:
Cordy Oilfield Services Inc.
David Mullen, Chairman and Chief Executive Officer
(403) 266-2067
(403) 266-2087 (FAX)
For investor relations information:
Cordy Oilfield Services Inc.
Dave Boomer, CA, Chief Financial Officer
(403) 266-2067
(403) 266-2087 (FAX)
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Unternehmensinformation / Kurzprofil:
Datum: 18.12.2012 - 17:10 Uhr
Sprache: Deutsch
News-ID 213977
Anzahl Zeichen: 0
contact information:
Town:
CALGARY, ALBERTA
Kategorie:
Oil & Gas
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