CALGARY, ALBERTA–(Marketwired – March 5, 2014) – Forent Energy Ltd. (TSX VENTURE:FEN) (“Forent” or the “Company“) announces the grant of 1,920,000 stock options to certain directors, officers, employees and consultants issued pursuant to the Company’s stock option plan. The options vest over a 2 year period, are exercisable at a price of $0.10 per share and expire in March 2019. The shares issuable upon exercise of the options may not be traded for 4 months and one day from the date of grant.
Shares of Forent trade on the TSX Venture Exchange under the symbol “FEN”.
Forent has approximately 188,643,215 common shares issued and outstanding which trade on the TSX Venture Exchange under the symbol “FEN”.
The 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 press release.
President & CEO
(403) 262-9444 #211
Forent Energy Ltd.
Brad R. Perry
(403) 262-9444 #208