PKP issues common shares to directorsPetroKamchatka Plc (TSXV: PKP) issues common shares to directors for services rendered
10/6/2010 1:35 PM - Canada NewsWire
ST. HELIER, JERSEY, Oct 6, 2010 (Canada NewsWire via COMTEX News Network) --
PetroKamchatkaPlc ("PetroKamchatka") has issued 1,351,613 common shares at
.03 per share to four directors who have elected to accept suchshares as a portion of their annual remuneration. This amount isfor the period from July 1, 2010 to September 30, 2010 andrepresents partial remuneration owed to these individuals for thisperiod.
An application has been made to the TSXV for approval of this share issuance.
AboutPetroKamchatkaPetroKamchatka is an international junior oilexploration company incorporated in the Bailiwick of Jersey withcore properties located in the Kamchatka Peninsula of the RussianFederation. For further information, please visit the PetroKamchatka Plcwebsite at www.petrokamchatka.com.
Neither the TSXVenture Exchange nor its Regulation Services Provider (as thatterm is defined in the policies of the TSX Venture Exchange)accepts responsibility for the adequacy or accuracy of thisrelease.
SOURCE: PetroKamchatka Plc