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JOC

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Share Name Share Symbol Market Type
TSXV:JOC 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 -

Jadela Grants Stock Options

28/07/2011 10:19pm

Marketwired Canada


Jadela Oil Corp. ("Jadela") (TSX VENTURE:JOC) is pleased to announce that it has
granted stock options to acquire up to an aggregate of 1,993,000 common shares
of Jadela to certain directors, officers and consultants of Jadela. For officers
and directors of Jadela, the stock options are exercisable for a five year term
expiring on July 27, 2016, and exercisable until that time at a price of $1.00
per common share. For consultants of Jadela, the stock options are exercisable
for a two year term expiring on July 27, 2013, and exercisable until that time
at a price of $1.00 per common share. On July 26, 2011, the last day that
Jadela's common shares traded prior to the granting of the stock options, the
closing price of the common shares on the TSX Venture Exchange was $1.20 per
share. The stock options, and any common shares issued upon exercise of the
stock options, are subject to a four month resale restriction.


About Jadela

Jadela is a junior oil and gas exploration company. For additional details,
please visit Jadela's website at www.jadelaoil.com or www.unitechenergy.ca.


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