Border Petroleum Corp.
TSX VENTURE : BOR

December 07, 2011 18:14 ET

Border Petroleum Announces Grant of Options

CALGARY, ALBERTA--(Marketwire - Dec. 7, 2011) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

Border Petroleum Corp. (TSX VENTURE:BOR) ("Border" or the "Corporation") is pleased to announce that it is granting stock options to directors, officers, employees and consultants to purchase an aggregate of 12,550,000 Common Shares of the Corporation exercisable at $0.23 per share for a period of five years. After this grant, the Corporation's total outstanding stock options will represent 7.0% of Border's issued and outstanding common shares.

Neither 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.

Contact Information

  • Border Petroleum Corp.
    Kelly Kimbley
    President & CEO
    (403) 538-8450