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GPE

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Share Name Share Symbol Market Type
TSXV:GPE TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Great Prairie Energy Services Announces Grant of Options

18/07/2014 12:50am

Marketwired Canada


NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

Great Prairie Energy Services Inc. (TSX VENTURE:GPE) ("Great Prairie" or the
"Corporation") announces that its board of directors approved the granting of
incentive stock options ("Options") under its stock option plan to certain of
its directors and officers to acquire up to an aggregate of 400,000 common
shares ("Common Shares") of the Corporation.


All of such Options are exercisable for a period of five years at a price of
$0.50 per Common Share and 33 1/3% of the Options will vest one year after the
date of the grant of such Options and the remainder will vest 33 1/3% per year
thereafter.


Upon the granting of the Options described above, Great Prairie will have
5,095,000 Options outstanding, which represents about 4.3% of the 118,206,633
Common Shares currently outstanding. Great Prairie's stock option plan currently
limits the issuance of Options to no more than 10% of the outstanding Common
Shares.


About Great Prairie Energy Services

Great Prairie is a Calgary headquartered oilfield rental and hauling company
focussed on servicing the oil and gas sector in Saskatchewan and Alberta. 


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Great Prairie Energy Services Inc.
Sid Dutchak Q.C.
President and Chief Executive Officer
403.930.7190
sdutchak@gpeservices.ca


Great Prairie Energy Services Inc.
Alex Jackson
Chief Financial Officer
403.930.7191
ajackson@gpeservices.ca
www.gpeservices.ca

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