Business
Kroes grants incentive stock options to Directors and Officers of Company
Kroes grants incentive stock options to Directors and Officers of Company.
About this update from Verisante Technology, Inc.
[{"type":"text","content":"\n\n\n\n\nCALGARY, June 2 /CNW/ - Kroes Energy Inc. (TSX Venture: KRS) announced\ntoday that it has granted incentive stock options to Officers, Directors and\nConsultants of the Company for the purchase of 975,000 common shares at $0.56\nper share. The options have a term of five years and will vest at one-third\neach year for three years. Under its option plan, Kroes can issue up to 10% of\nthe number of shares outstanding and, prior to this grant, there were\n1,285,000 shares available for the issue of options.\n\nKroes Energy is a junior oil and gas producer and explorer with a major\noilfield redevelopment project in Ukraine, one of Eastern Europe's fastest\ngrowing economies. Kroes has a strong management team, with extensive\ninternational experience. Shares trade on the TSX Venture Exchange under the\nsymbol KRS.\n\n To receive company news releases via e-mail, please advise\n heather(at)chfir.com and specify \"Kroes Press Releases\"\n in the subject line\n%SEDAR: 00007855E\n\n\n","length":1085,"tagName":"div"}]