Rockefeller Hughes Corporation
TSX VENTURE : RHC

Rockefeller Hughes Corporation

May 12, 2014 09:00 ET

Rockefeller Hughes Announces Grant of Options

CONCORD, ONTARIO--(Marketwired - May 12, 2014) -

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Rockefeller Hughes Corporation ("Rockefeller" or the "Company") today announced that it has granted options to acquire up to a total of 110,000 common shares of Rockefeller to two employees of its wholly-owned subsidiary, Rockefeller Hughes (USA), LLC, at an exercise price of $0.60 per share. In one case, the option to acquire 10,000 common shares will vest in two tranches of 5,000 each, with the first tranche vesting on the May 12, 2015, and the second tranche vesting on May 12, 2016. In the second case, the option to acquire 100,000 common shares vests as to one-third on May 12, 2015, one-third on May 12, 2016 and one-third on May 12, 2017. Subject to the specific terms of the option agreement, the options will be exercisable for a period of up to five years from the date of grant. The option is also subject to a statutory hold period until September 13, 2014.

About Rockefeller Hughes Corporation

Rockefeller is an emerging junior oil and gas company engaged in the acquisition, exploration, development, and production of oil and gas properties. The Company is listed on the TSX Venture Exchange under the symbol RHC. There are currently 65,984,111 shares issued and outstanding. For additional details please visit Rockefeller's website at www.rockefellerhughes.com.

Forward-Looking Statements

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