November 25, 2011 15:59 ET
PRD Energy Inc. Announces Grant of Stock Options
CALGARY, ALBERTA--(Marketwire - Nov. 25, 2011) - PRD Energy Inc. ("PRD" or the "Company") (TSX VENTURE:PRD) announced that it granted 100,000 options to acquire common shares of PRD to an officer of the Company. The options were granted at an exercise price of $0.45 per share for a period of five years and vest in equal instalments on the first, second and third anniversaries of the grant date.
About PRD Energy
PRD Energy Inc. is a Calgary based oil and gas company engaged in the exploration, development and acquisition of, natural gas and crude oil, principally in Europe. PRD Energy's common shares are listed on the TSX Venture Exchange with the symbol "PRD".
Neither 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 release.