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Share Name | Share Symbol | Market | Type |
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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 | |
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0.00 | 0.00% | 0 | - |
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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