Petromin Resources announces granting of stock options to certain members of
its International Advisory Board
The International Advisory Board assists Petromin's growth and contributes to the creation of shareholder value through the provision of expert advice to the Board of Directors. Members of the International Advisory Board are independent consultants who advise the Board of Directors in the areas of:
- Specialized expertise in engineering and science; - New business opportunities; - International law and forms of agreement; - International business cultures and negotiations; - Diplomacy; - Sustainable energy development; - International finance. The Company has granted share options to International Advisory Board members as follows: --------------------------------------------------- Recipient No. of Shares Under Option --------------------------------------------------- Phillip Bretzloff 50,000 --------------------------------------------------- Robert Collette 50,000 ---------------------------------------------------
Each option shall be exercisable for one Petromin common share. The exercise price for the options shall be
The options are issued under the terms of the Petromin stock option plan (the "Plan"). The Plan was adopted by shareholders on
Petromin Resources Ltd. is a progressive international petroleum and natural gas exploration and production company listed Tier 1 on the TSX Venture Exchange.
Neither the 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.
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For further information: Visit www.petromin.ca, or contact Mike Suk at (604) 682-8831
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