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PNE

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Share Name Share Symbol Market Type
TSXV:PNE 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 -

Pine Cliff Energy Ltd. Grants Stock Options

15/11/2013 12:07am

Marketwired Canada


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


Pine Cliff Energy Ltd. ("Pine Cliff") (TSX VENTURE:PNE) announces that it has
granted an aggregate of 2,588,000 stock options to its directors, officers,
employees and certain service providers, of which 1,410,000 were granted to its
directors and officers. The stock options vest between one to three years, have
an exercise price of $1.12 per share and will expire between May 14, 2015 and
May 14, 2017. The total number of Pine Cliff common shares reserved for issuance
pursuant to stock options outstanding as of the date hereof is 14,478,000, which
represents 7.2 percent of common shares outstanding. 


About Pine Cliff: 

Further information relating to Pine Cliff may be found on www.sedar.com as well
as on Pine Cliff's website at www.pinecliffenergy.com. 


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


FOR FURTHER INFORMATION PLEASE CONTACT: 
Pine Cliff Energy Ltd.
Philip B. Hodge
President and CEO
(403) 269-2289


Pine Cliff Energy Ltd.
George F. Fink
Executive Chairman
(403) 269-2289


Pine Cliff Energy Ltd.
Kirsten Lankester
Manager Investor Relations
(403) 269-2289
(403) 265-7488 (FAX)
info@pinecliffenergy.com
www.pinecliffenergy.com

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