Business
Western Energy Services Corp. Announces Grant of Options
Western Energy Services Corp. Announces Grant of Options.
About this update from Western Energy Services Corp.
[{"type":"text","content":"\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/\n\n\nCALGARY, March 29 /CNW/ - Western Energy Services Corp. announces today\nthat it has issued 2,350,000 options to employees and officers of the Company.\nEach option entitles the holder to acquire one common share of the company for\n$0.11 for a period of 5 years from the date of issuance. One third of the\noptions vest immediately, one third will vest in one year and the balance will\nvest two years from the date of grant. A total of 1,550,000 of these options\nwere issued to officers of the Company.\n\n\nWestern Energy Service Corp. is an oil field services company trading on\nthe TSX Venture Exchange under the symbol "WSV".\n\n\nThe Company relies upon litigation protection for "forward looking"\nstatements. Statements made in this news release that relate to future plans,\nexpectations, events or performances are forward-looking statements. Such\nstatements involve risks and uncertainties and are based on current\nexpectations. Consequently, actual results could differ materially from the\nexpectations expressed in these forward-looking statements.\n\n\nThe TSX Venture Exchange does not accept responsibility for the adequacy\n\n\nor accuracy of this release.\n\n\n","length":1318,"tagName":"div"}]