GREY:SOGFF - Post by User
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Dollarfigureon Jan 14, 2010 3:53pm
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Strategic Oil grants options of 1.27 million share
Strategic Oil grants options of 1.27 million shareStrategic Oil grants options of 1.27 million shares
2010-01-14 15:51 ET - Options Proposed
Mr. Arn Schoch reports
STRATEGIC REPORTS GRANTING OF STOCK OPTIONS
Strategic Oil & Gas Ltd. has issued options to buy 1,275,000 stocks to directors, officers and key consultants, of which 725,000 will go to insiders. Each option entitles the holder to acquire one common share of the company for a period of five years, at a price of 65 cents per share. These options were issued in accordance with Strategic Oil's incentive stock option plan.