CALGARY, June 25 /CNW/ - Blackpool Exploration Ltd. (the "Company") (BPX.A:TSX Venture Exchange) announces that the Company has granted stock options for a total of 675,000 common shares to certain officers, directors and employees of the Company effective June 25, 2007. The options are exercisable on or before June 25, 2012 at an exercise price of $0.17 per share. The options have been granted in accordance with the Company's Stock Option Plan which received shareholder approval at the Company's annual meeting of the shareholders held on July 6, 2006. The granting of these stock options is subject to TSX Venture Exchange approval. The stock options and any shares issued upon the exercise of the stock options will be subject to a four month hold expiring October 26, 2007, under applicable securities laws.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
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