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WesCan Energy Corp V.WCE

Alternate Symbol(s):  GPIPF

WesCan Energy Corp. is a Canada-based junior public resource company. The Company is engaged in the business of oil and gas exploration, development and production with oil and gas operations and property interests in Alberta, Canada and Texas, United States of America. It is focused on exploration and development of light oil and liquids-rich natural gas opportunities in Alberta and Saskatchewan. The Company’s assets are comprised of 100% operated, oil-weighted properties characterized by multi-zone oil reservoirs with low declines that include a number of low risk, multilateral horizontal development drilling locations. The Company focuses on pursuing and evaluating strategic acquisitions with synergistic characteristics of long-life producing assets and opportunities with low risk and upside potential.


TSXV:WCE - Post by User

Post by Roddiggition Sep 29, 2021 8:20pm
142 Views
Post# 33941568

Wescan Energy grants options to buy 2.8 million shares

Wescan Energy grants options to buy 2.8 million shares
Wescan Energy grants options to buy 2.8 million shares
 
2021-09-29 12:55 ET - News Release
 
Mr. Greg Busby reports
 
WESCAN ENERGY GRANTS STOCK OPTIONS
 
Wescan Energy Corp.'s board of directors has approved the issuance of stock options to purchase 2.8 million common shares of the corporation at a price of six cents per share, exercisable until Sept. 29, 2026. The options vest immediately and are being issued to directors, officers and consultants of the corporation in accordance with the corporation's stock option plan. The stock options (and common shares issuable thereunder) are subject to a four-month-plus-one-day hold period, expiring Jan. 30, 2022, in accordance with the policies of the TSX Venture Exchange. These stock options grants remain subject to receipt of final approval from the TSX-V.
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