Perisson Petroleum Corporation

Perisson Petroleum Corporation

October 07, 2014 12:48 ET

Perisson Petroleum Corporation: Distribution of Incentive Stock Options

MONTRÉAL, QUÉBEC--(Marketwired - Oct. 7, 2014) - Perisson Petroleum Corporation (CSE:POG) (the "Corporation" or "Perisson") is pleased to announce that as of this day, the Corporation granted 4,750,000 stock options of which 3,000,000 has been granted to some of its directors and officers at an exercise price of $0.05 per stock option, valid until October 1st, 2024.

About Perisson Petroleum Corporation

Perisson Petroleum Corporation is an oil and gas exploration company listed on the Canadian Securities Exchange ("CSE" formerly known as "CNSX"). The Corporation, through its wholly-owned subsidiaries, Igual Holdings Corp. and Morichal Sinoco, S.A., holds an exploration license on its 100% undivided property interest in the VMM- 17 oil block project. This license covers 39,927 hectares located in the Middle Magdalena Basin in the Province of Tolima, in central Colombia.

The Corporation's objectives are the exploration and marketing of hydrocarbon resources including the production, conditioning, processing, refining, transportation and commercialization of petroleum natural gas liquefied natural gas and petroleum-derived products.

The Corporation's documents are available on and on the Corporation's Issuer Profile page on the CSE website.

Neither the Canadian Securities Exchange nor its regulation services provider (as that term is defined in the policies of the CSE policies) accepts responsibility for the adequacy or accuracy of this news release. Statements made in this news release that are not historical facts are "forward-looking statements" and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these "forward-looking" statement.

Contact Information

  • Investor relations:
    Mr. Dominique St-Louis
    514 573-9066

    For further information on Perisson:
    Mr.Chien-Yeh (Gary) Chen
    Chairman of the Board and CEO