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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Seaview Energy Inc. Class B | TSXV:CVU.B | TSX Venture | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY UNITED STATES NEWS SERVICES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. Seaview Energy Inc. (TSX VENTURE:CVU.A) (TSX VENTURE:CVU.B) ("Seaview") announces that it granted options on August 5, 2008 to acquire up to 1,605,000 Class A shares of Seaview, 717,500 of which were granted to directors and officers. Each grant of options is for a five year term, expiring on August 5, 2013. The options vest over three years (1/3 on each of the first, second and third anniversary of the grant date). The options are exercisable at a price of $3.80 per Class A share. There are now options outstanding to purchase a total of 3,942,500 Class A shares of Seaview, or approximately 8.4% of Seaview's issued and outstanding Class A shares. Seaview is a Calgary, Alberta based company engaged in the exploration, development and production of conventional crude oil and natural gas reserves in Canada. Seaview's strategy is to build shareholder value through a balance of exploration and development drilling complimented by a focused acquisition program. Seaview's initial core focus area is in the Peace River area of northwest Alberta.
1 Year Seaview Energy Inc. Class B Chart |
1 Month Seaview Energy Inc. Class B Chart |
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