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CALGARY, ALBERTA--(Marketwire - Feb. 13, 2012) - Bayshore Petroleum Corp. ("Bayshore" or the "Corporation") (TSX VENTURE:BSH) announces that the Board of Directors has, subject to TSX Venture Exchange acceptance, granted options to purchase 1,380,000 common shares of the Corporation to certain of its directors, officers, employees and consultants. The options were issued at an exercise price of $0.21 per share for a five year term, with one half vesting immediately and one half vesting in 12 months. The Corporation had, immediately prior to this grant, no outstanding stock options. |
