IROC Energy Services Corp. Issues Stock Options and Restricted
Share Units
CALGARY, Jan. 7, 2013 /CNW/ - IROC Energy Services Corp.
("IROC" or the "Company") (TSXV: "ISC") announced that, in
accordance with the Company's long term compensation policy, it has
granted stock options to purchase a total of 125,000 common shares
and 207,853 restricted share units ("RSUs") to certain directors
and officers of the Company. The stock options are exercisable at
$2.33 per share for a period of five
years. The RSUs may be redeemed into common shares until
December 31, 2016. The stock options
were granted in accordance with the Company's Stock Option Plan and
the RSUs were granted in accordance with the Company' Restricted
Share Unit Bonus Plan.
Publicly reported information for IROC Energy
Services Corp. is available at www.sedar.com.
About IROC Energy Services Corp.
IROC Energy Services Corp. is an Alberta oilfield services company that,
through the IROC Energy Services Partnership, provides services and
equipment to the oil and gas industry that are among the newest and
most innovative in the WCSB. IROC Energy Services Partnership
operates under the business names of Eagle Well Servicing, Aero
Rental Services and Helix Coil Services. IROC combines
cutting-edge technology with depth of experience to deliver
equipment and services offerings in the following core areas: well
servicing & equipment, rental services and coil tubing
services. For more information on IROC Energy Services Corp., visit
our website at www.iroccorp.com.
This press release is not for dissemination in United States or to any United States news services. The Common
Shares of IROC have not and will not be registered on the United
States Securities Act of 1933, as amended (the "United States
Securities Act") or any state securities laws and are not offered
or sold in the United States or to
any US person except in certain transactions exempt from the
registration requirements of the United States Securities Act and
applicable state securities laws.
Neither 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.
SOURCE IROC Energy Services Corp.