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Petro-Victory Energy Corp. Announces Stock Option Plan Approval
Petro-Victory Energy Corp. Announces Stock Option Plan Approval Canada NewsWire ...
About this update from Petro-victory Energy Corp Class A
[{"type":"text","content":"\n\n \n \n \n Petro-Victory Energy Corp. Announces Stock Option Plan Approval\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR\n \n \n FOR DISSEMINATION IN THE UNITED\n \n \n STATES.\n \n \n ANY FAILURE TO\n \n \n COMPLY WITH THIS RESTRICTION MAY\n \n \n CONSTITUTE A\n \n \n VIOLATION OF\n \n \n U.S.\n \n \n SECURITIES LAWS/\n \n \n \n \n CALGARY, AB\n \n ,\n \n June 20, 2024\n \n /CNW/ - Petro-Victory Energy Corp. (\"Petro-Victory\" or the \"Company\") (TSXV: VRY) is pleased to announce they have received shareholder approval at the Company's annual general and special meeting of shareholders held on\n \n June 20, 2024\n \n (the \"\n \n Meeting\n \n \") for their fixed stock option plan (the \"\n \n Stock Option ‎Plan\n \n \"), subject to final approval by the TSX Venture Exchange (the \"\n \n TSXV\n \n \"). The Stock Option Plan is the same as the previous stock ‎option plan, however the Company has increased the number of common shares available for issuance under the Stock Option Plan to 4,093,264 common shares. The aggregate number of common shares that may be ‎reserved for issuance under the Stock Option Plan must not exceed 20% of the issued and ‎outstanding common shares of the Company as at the date of the Meeting.‎\n \n \n \n \n \n \n \n \n \n \n \n \n About Petro-Victory Energy Corp.\n \n \n \n \n \n Petro-Victory Energy Corp. is engaged in the acquisition, development, and production of crude oil and natural gas resources in\n \n Brazil\n \n . The company holds 100% operating and working interests in forty-one (41) licenses totaling 272,912 acres in two (2) different producing basins in\n \n Brazil\n \n . Petro-Victory generates accretive shareholder value through disciplined investments in high impact, low risk assets. The Company's Common Shares trade on the TSXV under the ticker symbol VRY.\n \n \n \n \n \n Cautionary\n \n \n \n \n \n \n Note\n \n \n \n \n \n Neither the TSXV nor its Regulation Services Provider (as that term is...