BANKERS PETROLEUM LIMITED - Block Admission Return

Bankers Petroleum Ltd. - Block Admission Return

CALGARY, Sept. 6, 2016 /CNW/ - The Company makes the following announcement with respect to the issuance of common shares, options, restricted share units (RSU's) and warrants for the period from March 1, 2016 to August 31, 2016.

COMMON SHARES ISSUED & OUTSTANDING

Shares Outstanding March 1, 2016	Options Exercised	RSU's Exercised	Warrants Exercised	Shares Outstanding August 31,2016
261,557,384				261,557,384

OPTIONS OUTSTANDING

Stock Options Outstanding March 1, 2016	Stock Options Exercised	Stock Options Granted	Stock Options Cancelled		Price $/ share (Cdn.)	Stock Options Outstanding August 31, 2016
17,020,338			116,202		2.12
			82,534		2.62
			75,000		2.86
			40,000		3.05
			16,666		3.12
			188,501		3.95
			40,000		4.00
			20,000		4.06
			10,000		4.34
17,020,338	0	0	588,903			16,431,435
Stock Options are issued in accordance with the Bankers Stock Option Plan.

RESTRICTED SHARE UNITS (RSU'S) OUTSTANDING

RSU's Outstanding March 1, 2016	RSU's Exercised	RSU's Issued	RSU's cancelled	RSU's Outstanding August 31, 2016
590,984			22,023	568,961
TOTALS:
590,984	0	0	22,023	568,961

WARRANTS OUTSTANDING

Warrants Outstanding March 1, 2016	Warrants Exercised	Warrants Issued	Warrants Cancelled	Exercise Price $/share (Cdn.)	Warrants Outstanding August 31, 2016
200,000	0	0	200,000		0
TOTALS:
200,000	0	0	200,000		0

On October 1, 2008, the Company applied to AIM for a block listing entitlement of 19,099,529 of common shares, which was fully utilised. Subsequently, on March 7, 2014 the Company applied to AIM for a block listing entitlement of 25,737,660 of common shares, of which 5,899,557 common shares had already been issued as at the date of this return. Therefore for the period commencing August 31, 2016, there are 19,838,103 common shares remaining under the block listing entitlement.

As at August 31, 2016, the total issued share capital of the Company is 261,557,384 common shares, 16,431,435 options, 568,961 restricted share units and nil warrants outstanding.

This press release is being issued in compliance with the rules of the AIM market of the London Stock Exchange.

please contact: Douglas Urch, Executive VP, Finance & Chief Financial Officer, [phone], [phone]; AIM NOMAD: Canaccord Genuity Limited, Henry Fitzgerald-O'Connor, [phone]; AIM BROKER: FirstEnergy Capital LLP, Hugh Sanderson / David van Erp, [phone]

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