CALGARY, March 4 /CNW/ - Result Energy Inc. ('Result'; TSX-V: RTE) announces that it has granted to directors and officers of the Company a total of 2,521,625 options to acquire common shares of the Company. This total includes 1,730,000 options granted to replace options which were surrendered for cancellation one year ago. The options granted have an exercise price of $0.11, and vest immediately, with a five year term to expiry.
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".
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.