Falcon Oil and Gas Ltd.

Published : January 27th, 2015

Falcon Oil & Gas Ltd. Announces the Granting of Stock Options

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Australia | Canada | Hungary | Ireland | Oil | South Africa |

Falcon Oil & Gas Ltd. Announces the Granting of Stock Options

DUBLIN, IRELAND--(Marketwired - Jan 27, 2015) - Falcon Oil & Gas Ltd. (TSX VENTURE:FO)(FOG.L)(FAC) ("Falcon" or the "Company") announces that on 26 January 2015 it granted incentive stock options ("Options") to purchase an aggregate of 6 million common shares of Falcon to a number of recipients, including directors and officers under the stock option plan approved at Falcon's annual shareholders meeting held on 10 December 2014. The Option grant is subject to regulatory approval by the TSX Venture Exchange.

A maximum of 10% of the issued and outstanding shares of Falcon are reserved for issuance pursuant to Falcon's stock option plan.

The Options were granted at an exercise price of CDN$0.15 (a 26% premium to the closing share price on 23 January 2015) to the following:

Name Number of
Options granted
Total number of Options
held after grant
John Craven - Non- Executive Chairman 1,000,000 4,100,000
Philip O'Quigley - CEO 2,000,000 8,000,000
Michael Gallagher - CFO 3,000,000 3,300,000

The Options granted to Mr. Craven and Mr. O'Quigley vest immediately. The Options have an expiry date of 25 January 2020.

The Options granted to Mr. Gallagher have a vesting schedule allowing for 1/3 of the Options to vest on the first anniversary of the grant with an additional 1/3 vesting on each subsequent anniversary until the Options are fully vested on 25 January 2018. The Options have an expiry date of 25 January 2020.

Falcon's closing price on the TSX Venture Exchange on 23 January 2015 was CDN$0.11. After this grant, there are 34,752,000 Options outstanding, representing 3.77% of the issued and outstanding common shares of Falcon.

Falcon Oil & Gas Ltd is an international oil & gas company engaged in the acquisition, exploration and development of conventional and unconventional oil and gas assets, with the current portfolio focused in Australia, South Africa and Hungary. Falcon Oil & Gas Ltd is incorporated in British Columbia, Canada and headquartered in Dublin, Ireland with a technical team based in Budapest, Hungary.

For further information on Falcon Oil & Gas Ltd. please visit www.falconoilandgas.com.

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.

Read the rest of the article at finance.yahoo.com
Data and Statistics for these countries : Australia | Canada | Hungary | Ireland | South Africa | All
Gold and Silver Prices for these countries : Australia | Canada | Hungary | Ireland | South Africa | All

Falcon Oil and Gas Ltd.

CODE : FO.V
ISIN : CA3060711015
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Falcon Oil and Gas is a oil and natural gas exploration company based in United states of america.

Falcon Oil and Gas holds various exploration projects in Australia and in Hungary.

Its main exploration properties are SZUKKETAS in Hungary and BEETALOO in Australia.

Falcon Oil and Gas is listed in Canada. Its market capitalisation is CA$ 83.5 millions as of today (US$ 61.3 millions, € 55.1 millions).

Its stock quote reached its highest recent level on December 29, 2006 at CA$ 7.00, and its lowest recent point on December 08, 2023 at CA$ 0.07.

Falcon Oil and Gas has 927 539 968 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of Falcon Oil and Gas Ltd.
Annual report 2007
Nominations of Falcon Oil and Gas Ltd.
9/27/2012& Gas Ltd. Announces Changes to the Board of Directors
Financials of Falcon Oil and Gas Ltd.
8/29/2013& Gas Ltd. Announces its Interim Results & Filing of its Fin...
6/30/2011& Gas Ltd. Announces the Filing of Its Interim Financial Sta...
Project news of Falcon Oil and Gas Ltd.
7/1/2013(Beetaloo)Retains Interest in Beetaloo Permits, Northern Australia
5/27/2009(Beetaloo) enters into binding agreement to acquire an additional 25% ...
Corporate news of Falcon Oil and Gas Ltd.
12/24/2015Falcon Oil & Gas Ltd. holds Annual & Special Shareholder mee...
12/24/2015Interim results for the nine months ended 30 September 2015
12/22/2015Falcon Oil & Gas Ltd.: Appointment of Chairman
10/22/2015Falcon Oil & Gas Ltd.: Preliminary Results of Second Beetalo...
10/19/2015Falcon Oil & Gas Ltd. Announces Its Annual General and Speci...
10/16/2015Falcon Oil & Gas Ltd. - Holdings in Company
9/8/2015Falcon Oil & Gas Ltd.: Australia Drilling Programme Continue...
9/1/2015Falcon Oil & Gas Ltd.: Preliminary Results of First Beetaloo...
8/27/2015Falcon Oil & Gas Ltd.: Interim Results for the Six Months En...
7/15/2015Falcon Oil & Gas Ltd.: Australia Drilling Has Started: Spudd...
1/27/2015Falcon Oil & Gas Ltd. Announces the Granting of Stock Option...
1/26/2015Falcon Oil & Gas Ltd.: NIS Drilling Programme- Expiry of Ext...
12/16/2014Falcon Oil & Gas Ltd. Announces Adoption of Advance Notice P...
12/11/2014Falcon Oil & Gas Ltd. Announces Changes to the Board of Dire...
11/27/2014Falcon Oil & Gas Ltd.: Interim Results for Nine Months Ended...
11/13/2014Falcon Oil & Gas Ltd. Announces its Annual General and Speci...
11/3/2014South African Exploration Licence being processed by Petrole...
8/29/2014Falcon Oil & Gas Ltd-Interim Results for Six Months Ended 30...
8/21/2014Falcon Oil & Gas Ltd.-Completion of Australian Beetaloo Basi...
8/13/2014Falcon Oil & Gas Ltd.-Appointment of New Company Secretary
7/15/2014Falcon Oil & Gas Ltd.-Hungary Drilling Update-Contract With ...
6/19/2014Falcon Oil & Gas Ltd.-Appointment of Chief Financial Officer
6/19/2014Falcon Oil & Gas Ltd.-Extension of Term for Existing Warrant...
5/29/2014Falcon Oil & Gas Ltd - Interim Results for Three Months Ende...
5/16/2014Falcon Oil & Gas Ltd-Spudding of Second Well in Hungary & Op...
5/2/2014Falcon Oil & Gas Ltd.: Transformational Farm-Out of Beetaloo...
5/1/2014Falcon Oil & Gas Ltd. Announces the Filing of Its 2013 Finan...
4/28/2014Falcon Oil & Gas Ltd. Comments on Recent Share Price Movemen...
11/1/2013(Beetaloo)& Gas Ltd. Announces Transaction to Reduce the Beetaloo Basi...
9/30/2013& Gas Ltd. Holds Annual and Special Shareholder Meeting
9/19/2013& Gas Ltd. Completes Purchase of Additional Shares in Austra...
7/23/2013& Gas Ltd-Hungary Drilling Update
7/18/2013& Gas Ltd. Announces the Completion of the Acquisition of Sw...
7/11/2013& Gas Ltd. Announces Falcon Australia Shareholders Approve I...
6/13/2013Commences Drilling With Naftna Industrija Srbije JSC ("NIS")...
5/29/2013& Gas Ltd. Announces Engagement of Joint Broker
5/23/2013Commences a Fully Carried Multi Well Drilling Operation With...
5/1/2013& Gas Ltd. Announces the Granting of Stock Options
4/15/2013& Gas Ltd. Announces the Filing of Its 2012 Financial Statem...
3/28/2013& Gas Ltd. Announces Admission to Trading on AIM and ESM
1/24/2013& Gas Ltd. Announces Independent Technical Audit Indicating ...
1/14/2013& Gas Ltd. Announces Final Approval of A Multi-Well Drilling...
12/12/2012Chevron to jointly Explore Karoo Basin in South Africa
9/14/2012& Gas Ltd. Announces Extension of Australian Permits
9/7/2012South Africa Lifts the Moratorium on Shale Gas Exploration
7/13/2011(Beetaloo)& Gas Ltd. Announces the Closing of the Beetaloo Basin Trans...
2/24/2009announces it will not exercise Buckskin Option***
5/22/2007Receives Long-Term Production License in Hungary
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (FO.V)
0.090+0.00%
TSX-V
CA$ 0.090
09/18 16:47 -
0%
Prev close Open
0.090 0.090
Low High
0.090 0.090
Year l/h YTD var.
0.085 -  0.200 -40.00%
52 week l/h 52 week var.
0.085 -  0.200 -21.74%
Volume 1 month var.
132,000 -5.26%
24hGold TrendPower© : 21
Produces
Develops
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2024-40.00%0.220.09
202315.38%0.220.07
20224.00%0.240.09
2021-13.79%0.200.08
2020-25.64%0.250.10
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.08+0.50%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 8.91-2.73%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.59-3.26%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.05+10.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.06+0.00%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
 12.67+0.88%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.34+6.25%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+2.70%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
 1.77-2.21%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 40.37-0.22%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.