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RRK

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Share Name Share Symbol Market Type
TSXV:RRK 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 -

Red Rock Grants Options

06/01/2012 10:19pm

Marketwired Canada


Red Rock Energy Inc. (TSX VENTURE:RRK) ("Red Rock" or the "Corporation") 

The Corporation announced that, subject to TSX Venture Exchange acceptance, it
has granted options to staff to acquire an aggregate of 150,000 common shares of
Red Rock as well as its investor relations and financial communications services
provider, Mr. Rick Couronne, to acquire an aggregate of 150,000 common shares of
Red Rock. These options will: (i) vest as to one twelfth per month during the
first 12 months following the date of grant; (ii) be exercisable at a price of
$.09 per share, being the closing price on the date of this press release, until
January 6, 2017; and (iii) expire 30 days after the expiration of the governing
employment and consulting agreements.


READER ADVISORY

Statements in this press release may contain forward-looking information
including expectations of future production, operating costs, commodity prices,
administrative costs, commodity price risk management activity, acquisitions and
dispositions, capital spending, access to credit facilities, income taxes,
regulatory changes, and other components of cash flow and earnings. The reader
is cautioned that assumptions used in the preparation of such information may
prove to be incorrect. Events or circumstances may cause actual results to
differ materially from those predicted, a result of numerous known and unknown
risks, uncertainties, and other factors, many of which are beyond the control of
the company. These risks include, but are not limited to, the risks associated
with the mining industry, commodity prices and exchange rate changes. Industry
related risks could include, but are not limited to, operational risks in
exploration, development and production, delays or changes in plans, risks
associated to the uncertainty of reserve estimates, health and safety risks and
the uncertainty of estimates and projections of production, costs and expenses.
The reader is cautioned not to place undue reliance on this forward-looking
information.


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