CALGARY, March 7 /CNW/ - Result Energy Inc. ("Result"; TSX-V: RTE) announces that 1,750,000 stock options have been cancelled and 386,250 options have expired, leaving 7,395,000 options outstanding. The Company will re-issue the cancelled options in one year, subject to TSX Venture Exchange regulations and continued employment and eligibility under Result's Stock Option Plan.
Result Energy Inc. is a publicly traded Canadian energy company involved in the exploration and development of oil and gas properties in western Canada. Result trades on the TSX Venture Exchange under the symbol "RTE".
The TSX Venture Exchange does not accept responsibility for the adequacy
and accuracy of this release.
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