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| Home : CYGAM Announces Grant of Stock Options |
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Jul 06
2012 |
CYGAM Announces Grant of Stock Options |
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CALGARY, ALBERTA--(Marketwire - July 5, 2012) - CYGAM Energy Inc. (TSX VENTURE:CYG) ("CYGAM", or the "Company"), an emerging oil and gas company with interests in Tunisia and Italy, announces that pursuant to the terms and conditions of its stock option plan, it has granted, in the aggregate, 1,257,000 stock options to purchase Common Shares of CYGAM (the "Options"), to certain directors, officers and consultants. The Options vest immediately, are exercisable at an exercise price of $0.17 per share and expire as follows: one third after one year, one third after two years and the remaining third after three years. |
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| Source:http://www.marketwire.com/mw/release.do?id=1677009&sourceType=3 |
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