Business
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\n\nCALGARY, Dec. 7 /CNW/ - Tango Energy Inc. (\"Tango\") has announced the\ngrant of an aggregate of 595,000 options to eligible participants pursuant to\nits shareholder approved Stock Option Plan. All of the options are exercisable\nfor a five-year term at $0.62 per common share, and vest over three years from\nthe date of grant. Of the options granted, 380,000 are to directors and\nofficers, with the remaining grants to employees and consultants. Following\ntoday's grant, 1,730,689 common shares remain reserved for issuance pursuant\nto Tango's Stock Option Plan.\n\nThe TSX Venture Exchange has not reviewed and does not accept\nresponsibility for the adequacy or accuracy of this release.\n\nStatements in this regard may constitute forward looking statements. Such\nforward-looking statements include risks, uncertainties and other factors\nwhich may cause actual results, performance or achievements of Tango to be\nmaterially different from any future results, performance or achievements\nexpressed or implied by such forward-looking statements. Tango does not\nundertake to update any of such forward-looking statements.\n\n\n\n","length":1199,"tagName":"div"}]