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POE Pan Orient Energy Corp

1.21
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Pan Orient Energy Corp TSXV:POE 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% 1.21 1.19 1.24 0 01:00:00

Pan Orient Energy Corp.: Grant of Stock Options

02/12/2013 12:30pm

Marketwired Canada


Pan Orient Energy Corp. ("Pan Orient" or the "Corporation") (TSX VENTURE:POE)
announced today that it granted options to purchase 1,186,000 common shares
under Pan Orient's stock option plan, of which 1,150,000 were granted to
directors and officers. Each option has an exercise price of $1.92 (being the
November 29, 2013 closing price of the shares on the TSX Venture Exchange),
vests as to 1/3 on the grant date and 1/3 on each of the first and second
anniversaries of the grant date and expires on December 1, 2018.


With regard to recent events in Thailand, Pan Orient's operations have not been
impacted in any meaningful way, nor is it anticipated that they will be in the
foreseeable future.


Pan Orient is a Calgary, Alberta based oil and gas exploration and production
company with operations currently located onshore Thailand, Indonesia and in
Western Canada.


This press release contains forward-looking information. Forward-looking
information is generally identifiable by the terminology used, such as "plan",
"intend", "expect", "believe", "estimate", "should", "anticipate" and
"potential" or other similar wording. Forward-looking information in this press
release includes, but is not limited to the vesting and expiry dates of stock
options. By its very nature, the forward-looking information contained in this
press release requires Pan Orient and its management to make assumptions that
may not materialize or that may not be accurate. In addition, the
forward-looking information contained in this press release is subject to known
and unknown risks and uncertainties and other factors, some of which are beyond
the control of Pan Orient, which could cause actual results, expectations,
achievements or performance to differ materially. Although Pan Orient believes
that the expectations reflected in its forward-looking information are
reasonable, it can give no assurances that those expectations will prove to be
correct. Pan Orient undertakes no obligation to update publicly or revise any
forward-looking information, whether as a result of new information, future
events or otherwise, except as required by applicable securities laws. 


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


FOR FURTHER INFORMATION PLEASE CONTACT: 
Pan Orient Energy Corp.
Jeff Chisholm
President and CEO (located in Bangkok, Thailand)
jeff@panorient.ca


Pan Orient Energy Corp.
Bill Ostlund
Vice President Finance and CFO
(403) 294-1770
www.panorient.ca

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