Margaux Resources Ltd.
TSX VENTURE : MRL

February 10, 2014 22:52 ET

Margaux Resources Ltd. Announces Issuance of Options

CALGARY, ALBERTA--(Marketwired - Feb. 10, 2014) -

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

Margaux Resources Ltd. (TSX VENTURE:MRL) ("Margaux" or the "Corporation") announces that it has issued 1,075,000 stock options to certain directors, officers and employees of the Company in accordance with the Corporation's shareholder approved stock option plan. The stock options are exercisable at $0.10 per share, expire in five years and vest as to one-third immediately and one-third on each of the first and second anniversaries of the date of granting.

About Margaux Resources Ltd.: Margaux is based in Calgary, Alberta and a publicly traded oil and gas exploration and production company. The focus is on exploration and development of Western Canadian Sedimentary Basin based oil and gas properties.

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 press release.

Contact Information

  • Margaux Resources Ltd.
    Tyler Rice
    President
    (403) 537-5590