Cancen Announces Grant of Stock Options
09 2월 2013 - 5:38AM
Marketwired Canada
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES.
Cancen Oil Canada Inc. ("Cancen" or the "Corporation") (TSX VENTURE:COI)
announces that its board of directors has approved the grant of 300,000 stock
options (the "Options") to Mr. Shankar Nandiwada, the Chief Financial Officer
and Corporate Secretary of the Corporation, in accordance with the terms of the
Corporations incentive stock option plan, subject to the approval of the TSX
Venture Exchange Inc. The options were issued with an exercise price of $0.50
per common share and have a five year term.
About Cancen
Cancen is an energy services company that focuses on providing specialized
services to upstream oil and natural gas companies operating in the Western
Canadian Sedimentary Basin. The services provided by Cancen assist these
companies with the treatment and sale of crude oil and the handling of
by-products associated with oil and natural gas development and production. The
services provided by Cancen include crude oil emulsion treatment, disposal of
produced and waste water and terminalling for oil and blending.
FOR FURTHER INFORMATION PLEASE CONTACT:
Cancen Oil Canada Inc.
Brian Petersen
Chief Executive Officer
(403) 262-2783 ext 105
bpetersen@cancenoilcanada.com
Cancen Oil Canada Inc.
Ian Simister
President
(403) 262-2783 ext 108
isimister@cancenoilcanada.com
www.cancenoilcanada.com
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