Nevarro Energy Ltd.

Nevarro Energy Ltd.

October 05, 2005 16:04 ET

Nevarro Energy Ltd.: News Release

CALGARY, ALBERTA--(CCNMatthews - Oct. 5, 2005) -

Not for distribution to United States newswire services or for dissemination in the United States.

Nevarro (TSX:NEL) announces that the board of directors has approved the grant of 238,000 incentive stock options to directors, officers and employees at an exercise price of $2.16 pursuant to the Nevarro's incentive stock option plan. The options will expire October 4, 2010.

The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.

Contact Information

  • Nevarro Energy Ltd.
    J.W. Grant Robertson
    Vice-President Business Development
    (403) 231-1230
    Nevarro Energy Ltd.
    Rick Bennett
    President of the Corporation
    (403) 231-1235