PRD Energy Inc.

TSX VENTURE : PRD


PRD Energy Inc.

May 28, 2014 07:00 ET

PRD Energy Inc. Announces Grant of Stock Options

CALGARY, ALBERTA--(Marketwired - May 28, 2014) - PRD Energy Inc. ("PRD" or the "Company") (TSX VENTURE:PRD) announced that it granted 860,000 options to acquire common shares of PRD to certain officers and directors of the Company. The options were granted at an exercise price of $0.90 per share for a period of five years and vest in equal instalments on the first, second and third anniversaries of the grant date.

About PRD Energy

PRD Energy Inc. is a Calgary based oil and gas company engaged in the exploration, development and acquisition of, natural gas and crude oil, in Germany. All activities of the Company in Germany are undertaken by its wholly-owned subsidiary, PRD Energy GmbH. PRD's common shares are listed on the TSX Venture Exchange with the symbol "PRD".

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 release.

Contact Information

  • PRD Energy Inc.
    Michael Greenwood
    Chairman and Chief Executive Officer
    (403) 234-0501

    PRD Energy Inc.
    Mark Hornett
    President and Chief Operating Officer
    (403) 234-0501

    PRD Energy Inc.
    Jeff Scott
    Vice President, Finance and Chief Financial Officer
    (403) 234-0501
    (403) 234-0511 (FAX)