TORONTO, ONTARIO --(Marketwire - March 30, 2011) - Brownstone Energy Inc. (TSX VENTURE:BWN) ("Brownstone") wishes to announce that it has granted 1,365,000 options to certain officers, directors, employees and consultants of Brownstone. The options are exercisable at $1.20 vesting quarterly for a period of 18 months and expiring March 29, 2016.
About Brownstone
Brownstone Energy Inc. is a Canadian-based, energy focused company with direct interests in oil and gas exploration projects, including varying interests in 5 off-shore Israel concessions and in 4 Colombian blocks in the Llanos basin, as well as other oil and gas interests worldwide. By owning and managing a diversified portfolio of energy-based projects, Brownstone provides shareholders with a unique energy alternative. For additional information, please see Brownstone's website: www.brownstoneenergy.com.
Contact Information: Brownstone Energy Inc.
Jonathan Schroeder, P. Geoph.,
President and COO
(403) 660-2894
schroeder@brownstoneenergy.com
or
Brownstone Energy Inc.
Richard Patricio
Vice-President, Legal and Corporate Affairs
(416) 941-8900
info@brownstoneenergy.com
www.brownstoneenergy.com