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Tango Energy Inc. Announces Stock Option Grants

Tango Energy Inc. Announces Stock Option Grants.

articleTamarack Valley Energy Ltd.December 22, 20065/company/tamarack-valley-energy-ltd/news/tango-energy-inc-announces-stock-option-grants
Tango Energy Inc. Announces Stock Option Grants

About this update from Tamarack Valley Energy Ltd.

[{"type":"text","content":"\n\n\n\nCALGARY, Dec. 22 /CNW/ - Tango Energy Inc. (\"Tango\") has announced the\ngrant of an aggregate of 1,310,000 options to eligible participants pursuant\nto its shareholder approved Stock Option Plan. All of the options are\nexercisable for a five-year term at $0.79 per common share, and vest over\nthree years from the date of grant. Of the options granted, 1,060,000 are to\ndirectors and officers, with the remaining grants to employees and\nconsultants. Following today's grant, 792,962 common shares remain reserved\nfor issuance pursuant to Tango's Stock Option Plan.\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\n\n\nresponsibility for the adequacy or accuracy of this release. Statements\n\n\nin this regard may constitute forward looking statements. Such forward-\n\n\nlooking statements include risks, uncertainties and other factors which\n\n\nmay cause actual results, performance or achievements of Tango to be\n\n\nmaterially different from any future results, performance or achievements\n\n\nexpressed or implied by such forward-looking statements. Tango does not\n\n\nundertake to update any of such forward-looking statements.\n\n\n%SEDAR: 00017586E\n\n\n","length":1272,"tagName":"div"}]

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