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Message: Allocation of Stock Options

Allocation of Stock Options

posted on May 27, 2009 01:19PM
May 27, 2009
Petrolia Inc.: Allocation of Stock Options
RIMOUSKI, QUEBEC--(Marketwire - May 27, 2009) - In accordance with its compensation policy and stock option plan, the Board of Directors of Petrolia (TSX VENTURE:PEA) granted 60,000 stock options on May 21, 2009 to each of its three new directors and a total of 50,000 stock options to its two employees at an exercise price of $0.74 per share, maturing on May 21, 2014, and on May 21, 2012, respectively.
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