Shelton Canada Corp.
TSX VENTURE : STO

Shelton Canada Corp.

October 03, 2007 16:29 ET

Shelton Canada Corp.: News Release

EDMONTON, ALBERTA--(Marketwire - Oct. 3, 2007) - Shelton Canada Corp. ("Shelton")(TSX VENTURE:STO) announces that the Board of Directors has approved a grant of stock options to directors of Shelton to purchase an aggregate of 950,000 common shares at an exercise price of $0.30 per common share pursuant to its stock option plan. The stock options expire five years from the date of grant.

Shelton, a junior oil and gas company listed on the TSX Venture Exchange, holds interests in producing properties located in eastern Ukraine and also holds petroleum and natural gas concessions is southern Ukraine.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Shelton Canada Corp.
    Zenon Potoczny
    President & CEO
    (416) 252-4101
    Email: zenon@sheltoncdn.com
    or
    Shelton Canada Corp.
    Richard Edgar
    Director
    (403) 205-2526 ext 4