| Canadian Spirit Resources Inc. Announces Grant of Stock Options | |
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CALGARY, ALBERTA--(Marketwired - Dec 19, 2014) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI)(OTCBB:CSPUF) announces that the Corporation has granted options to acquire 1,328,000 common shares of the Corporation in accordance with the terms and conditions of the Corporation's Stock Option Plan. Three independent directors of the Corporation were each granted options to purchase 100,000 common shares as compensation for their services. Three executive officers were granted options to purchase a total of 1,028,000 common shares as incentive compensation. All the options have a term of five years and may be exercised at a price of $0.25 per share. The grant of options will result in a total of 7,165,000 options outstanding at a weighted average exercise price of $0.49 per share, and will represent 5.6 percent of the total common shares currently outstanding. CSRI is a natural resources Corporation focusing on the identification and development of opportunities in the unconventional natural gas sector of the energy industry. Information regarding CSRI is available on SEDAR at www.sedar.com or the Corporation's website at www.csri.ca. On behalf of the Board of Directors CANADIAN SPIRIT RESOURCES INC. Richard Couillard, President & Chief Executive Officer The corporate information contained in this news release may contain forward-looking forecast information. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonably accurate by CSRI at the time of preparation, may prove to be incorrect. The actual results achieved during the forecast period will vary from the information provided herein and the variations may be material. Consequently there is no representation by CSRI that actual results achieved during the forecast period will be the same in whole or in part as those forecast. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE
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Canadian Spirit Resources Inc.
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CODE : SPI.V |
ISIN : CA1366371054 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Canadian Spirit is a exploration company based in Canada. Canadian Spirit holds various exploration projects in Canada. Its main exploration property is FARRELL CREEK in Canada. Canadian Spirit is listed in Canada and in United States of America. Its market capitalisation is CA$ 7.1 millions as of today (US$ 5.2 millions, € 4.7 millions). Its stock quote reached its highest recent level on April 21, 2005 at CA$ 7.80, and its lowest recent point on March 20, 2020 at CA$ 0.02. Canadian Spirit has 156 760 000 shares outstanding. |