Storm Cat Energy Corporation

Storm Cat Energy Corporation

September 22, 2005 09:00 ET

Storm Cat Energy Corporation Announces Grant of Stock Option

CALGARY, ALBERTA and DENVER, COLORADO--(CCNMatthews - Sept. 22, 2005) - Storm Cat Energy Corporation (TSX VENTURE:SME) (the "Corporation") has granted, under its Amended & Restated Share Option Plan, an incentive stock option to one of its directors to purchase up to 100,000 Common shares in the capital of the Company exercisable for a period of five years ending on September 21, 2010 at a price of $2.26 per share.

By Order of the Board of Directors

Storm Cat Energy Corporation

J. Scott Zimmerman, President & Chief Executive Officer

Caution Regarding Forward Looking Statements

This publication contains certain "forward looking statements", as defined in the United States Private Securities Litigation Reform Act of 1995. Such statements are based on the Corporation's current expectations, estimates and projections about the industry, management's beliefs and certain assumptions made by it; and involve a number of risks and uncertainties including but not limited to economic, competitive, governmental and geological factors effecting the Corporation's operations, markets, products and prices and other risk factors. Words such as "anticipates", "expects", "intends", "plans", "believes" or similar expressions are intended to identify forward-looking statements. There can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include the volatility of natural gas prices, the possibility that exploration efforts will not yield economically recoverable quantities of gas, accidents and other risks associated with gas exploration and development operations, the Corporation's need for and availability of additional financing, and the other risk factors discussed in greater detail in the Corporation's various filings with the Securities and Exchange Commission and Canadian securities regulators, including the Corporation's Form 20-F dated June 23, 2004.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Storm Cat Energy Corporation
    Scott Zimmerman
    President & Chief Executive Officer
    1-877-867-6228 (87-STORMCAT)
    Storm Cat Energy Corporation
    Paul Wiesner
    Chief Financial Officer
    1-877-867-6228 (87-STORMCAT)