Business News • MarketWire • Avatar Energy Ltd. Announces Grant of Stock Options |
Avatar Energy Ltd. Announces Grant of Stock Options |
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Avatar Energy Ltd. Announces Grant of Stock Options
CALGARY, ALBERTA--(Marketwire - Dec. 3, 2010) - Avatar Energy Ltd. ("Avatar" or the "Corporation") (TSX VENTURE:AVG), today announces that it has granted options to purchase an aggregate of 1,400,000 common shares of the Corporation at an exercise price of $0.50 per share to certain directors, officers and consultants of the Corporation. The options vest at the rate of one-third on each of the first, second and third anniversaries of the date of grant and expire five years from the date of grant.
View More : http://www.marketwire.com/mw/release.do?id=1363335&sourceType=3
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