GREY:TRIAF - Post by User
Post by
spring2010on Aug 27, 2010 9:26pm
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Post# 17391978
Management sucks but rewards themselves
Management sucks but rewards themselveswe thought we would give ourselves a few more gifts while you take your tax loss
TriOil Resources Ltd. ("TriOil" or the "Company" - TSXV: TOL) announcesthat it has granted options to purchase 1,675,000 Class A Shares of theCompany at an exercise price of $3.99 per share pursuant to the stockoption plan of the Company. Prior to the grant, none of the directorsand officers of TriOil held any options granted pursuant to TriOil'sstock option plan. The grant included options granted to directors andofficers of TriOil to purchase an aggregate of 1,655,000 Class A Shares.In determining to grant options to directors and officers of theCompany, the Board of Directors reviewed the recommendations ofmanagement and the Corporate Governance and Compensation Committee andcompensation information with respect to other oil and gas companies inthe Company's peer group.