Powder Mountain Energy Ltd. Announces Grant of Stock Options

Calgary, Alberta (FSCwire) - Powder Mountain Energy Ltd. (“Powder Mountain”) (TSX-V: PDM) is pleased to announce that the board of directors has approved the grant of 4,195,000 stock options, of which 4,165,000 were granted to directors and officers, with the balance granted to employees and consultants of the Company. The options, to purchase shares of Powder Mountain, have an exercise price of $1.03 per share, a term of five years from date of grant and vest one third on the anniversary of the grant, one third after the second anniversary and one third after the third anniversary.

Not for distribution to U.S. news wire services or dissemination in the United States.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

For further information contact:

Bruce Murray

President & CEO

Tel: 403-930-4061

Email: [email protected]

Website: www.powdermtnenergy.com

John Newman

Chief Financial Officer

Tel: 403-930-4063

Email: [email protected]

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/powder08012014.pdf
Source: Powder Mountain Energy Ltd. (TSX Venture:PDM) http://www.powdermtnenergy.com

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