CALGARY, CANADA--(Marketwire - April 14, 2011) - Veraz Petroleum Ltd. ("Veraz" or the "Company") (TSX VENTURE:VRZ) announces it has granted stock options to purchase up to 970,000 common shares to Directors and Management. The stock options have an exercise price of $0.78, vest in equal increments over three years and will expire April 13, 2016.
Veraz Petroleum Ltd. is a junior South American focused oil and gas exploration company based in Calgary, Alberta.
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:
Veraz Petroleum Ltd.
Gerardjan ("Oppe") Cosijn
President and Chief Executive Officer
403-781-7930
403-514-0383
oppe.cosijn@verazpetroleum.com
Veraz Petroleum Ltd.
Colin Christie
Vice President, Finance and Chief Financial Officer
403-781-7931
403-514-0383
colin.christie@verazpetroleum.com
www.verazpetroleum.com
Gerardjan ("Oppe") Cosijn
President and Chief Executive Officer
403-781-7930
403-514-0383
oppe.cosijn@verazpetroleum.com
Veraz Petroleum Ltd.
Colin Christie
Vice President, Finance and Chief Financial Officer
403-781-7931
403-514-0383
colin.christie@verazpetroleum.com
www.verazpetroleum.com