| | | Fri Jun 25, 2010
Stock Options Granted
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| | Pennant Energy Inc. (the "Company") announces that it has granted stock option agreements to its directors, officers, employees and consultants to purchase up to aggregate of 825,000 common shares of the Company, exercisable at the price of $0.25 per share for five years. The stock options will be granted in accordance with the Company's Stock Option Plan and will have the required four (4) month hold period pursuant to the policies of the TSX Venture Exchange.
For further information, feel free to contact the Company at (604) 689-1799.
On behalf of the Board of Directors of
PENNANT ENERGY INC.
Signed: Thomas Yingling
Thomas Yingling, President
This News Release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results
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. This release has been prepared by management and no regulatory authority has approved or disapproved the information contained herein.
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