Petrodorado Issues Stock OptionsSource:
https://www.petrodorado.com/news/2016-11-15.pdf
November 15, 2016 Calgary, Alberta: Petrodorado Energy Ltd. ("Petrodorado" or the "Company") (TSXV-PDQ) announces the issuance of stock options to directors and officers of the Company.
The Company announces that the Board of Directors has awarded a total of 560,000 options to directors and officers. The options are exercisable into common shares in the capital of the Company at an exercise price of $0.10 per share. The options vest as to one third immediately with an additional one third vesting on the first annual anniversary of the date of grant with the remainder vesting on the second annual anniversary of the date of grant. The expiry for all options is November 2021.