Kodiak Energy, Inc. Grants Incentive Stock Options
24 Giugno 2009 - 3:30PM
Marketwired
Kodiak Energy, Inc. (TSX VENTURE: KDK) (OTCBB: KDKN) ("Kodiak" or
the "Corporation") announces that its board of directors has,
pursuant to the Corporations' incentive stock option plan, approved
the granting of stock options ("Options") to directors, officers
and other personnel to acquire an aggregate of 4,330,000 common
shares of the Corporation ("Common Shares") at an exercise price of
$0.28 per Common Share - the market closing price of the
Corporation's common shares on June 23, 2009. Of the total options
granted, 3,600,000 were granted to directors and officers and
730,000 to employees and consultants.
The Corporation's option plan is shareholder approved and
intended to provide employee incentive and retention. During the
past year, Kodiak has not provided any bonuses or increases in
salaries or benefits to directors, officers, employees and
consultants and wishes to retain its valued personnel.
About Kodiak: Kodiak Energy, Inc. is a Calgary, Alberta, Canada
based publicly traded oil and gas exploration and development
company focused on developing and exploring onshore oil, gas and
CO2 properties within North America. Our main prospects are located
in the central Mackenzie River Valley of the Northwest Territories
and northeast New Mexico. Through our private subsidiary, Cougar
Energy, Inc.., we are developing the projects of Lucy in the Horn
River Basin in northeast British Columbia and CREEnergy Joint
Venture located in north central Alberta. Additional information on
Kodiak is at http://www.kodiakpetroleum.com.
Forward-looking Statements: This press release contains
forward-looking statements. The words or phrases "would be," "will"
"intends to," "will likely result," "are expected to," "will
continue," "is anticipated," "estimate," or similar expressions are
intended to identify "forward-looking statements". The
Corporation's business is subject to various other risks and
uncertainties, which may be described in its corporate filings
(www.sec.gov and www.sedar.com). Statements made herein are as of
the date of this press release and should not be relied upon as of
any subsequent date. The Corporation cautions readers not to place
reliance on such statements. Kodiak undertakes no obligation to
update or publicly revise forward looking statements or information
unless so required by applicable 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.
Contacts: Kodiak Energy, Inc. William Tighe President and CEO
(403) 262-8044 Email: info@kodiakpetroleum.com Website:
www.kodiakpetroleum.com
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