Saturn Oil & Gas Announces Stock Option Issuance
SASKATOON, SASKATCHEWAN – September 24, 2018 – Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSX.V: SOIL) (FSE: SMK) announces that pursuant to the Company’s Stock Option Plan (the “Plan”) it has granted a total of 400,000 stock options at a price of $0.22 per common share to a director of the Company. As per the Plan, the options granted are exercisable until September 24, 2023 and vest over a period of 18 months from the date of grant. Grant of the options are subject to the approval of the TSX Venture Exchange.
About Saturn Oil & Gas Inc.
Saturn Oil & Gas Inc. (TSX.V: SOIL) (FSE: SMK) is a public energy Company focused on the acquisition and development of undervalued, low risk assets. Saturn is driven to build a strong portfolio of cash flowing assets with strategic land positions. De-risked assets and calculated execution will allow Saturn to achieve growth in reserves & production through retained earnings. Saturn’s portfolio will become its key to growth and provide long-term stability to shareholders.
To learn more, please contact the Company at 1 (306) 955-9946 or visit: www.saturnoil.com
On Behalf of the Board of Directors
SATURN OIL & GAS INC.
John Jeffrey, MBA – CEO & Chairman
NT4
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