STORM RESOURCES LTD. (“Storm“) (TSX VENTURE:SRX) announces that it has granted stock options (“Options“) to purchase an aggregate of up to 1,449,000 common shares in the capital of Storm pursuant to its stock option plan, of which 798,000 Options were granted to the directors and officers of Storm. All of the Options have an exercise price of $1.75, vest over three years and expire on January 28, 2017.
Storm began operations in August, 2010. Storm is headquartered in Calgary, Alberta and is active in the Horn River Basin and Umbach areas of north eastern British Columbia, and in the Grande Prairie area of north western Alberta.
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