Business
MADALENA ANNOUNCES GRANT OF OPTIONS
Feb. 14, 2011 (Canada NewsWire Group) -- / NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SER...
About this update from Centaurus Energy Inc.
[{"type":"text","content":"\n\n\n\n Feb. 14, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/\n\n\nTSXV Trading Symbol: MVN\n\n\nCALGARY, Feb. 14 /CNW/ - The Board of Directors of Madalena Ventures Inc. ("Madalena" or the\n "Corporation") announces the grant of options ("Options") to certain\n directors of the Corporation to purchase an aggregate of 600,000 common\n shares ("Common Shares").  Each Option has an exercise price of $0.96\n per share and is exercisable for a period of five years from the date\n of grant.\n\n\nThe Corporation's rolling stock option plan was approved by the\n shareholders at the Annual and Special Meeting of shareholders held on\n June 22, 2010.  The Corporation's stock option plan currently reserves\n up to 25,882,922 Common Shares for issuance pursuant to Options, which\n is equal to 10% of the number of issued and outstanding Common Shares. \n Options to purchase 15,621,668 Common Shares are now outstanding, which\n is equal to 6.0% of the number of issued and outstanding Common Shares.\n\n\nMadalena is a publicly traded international junior Canadian oil and gas\n exploration company trading on the TSX Venture Stock Exchange under the\n symbol "MVN". The Company has assets in Argentina and is actively\n evaluating international oil and gas opportunities with a primary focus\n on South America.\n\n\nMADALENA VENTU...