West Africa Energy Inc.

West Africa Energy Inc.

April 20, 2007 16:37 ET

West Africa Energy Grants Options

LONDON, ENGLAND--(CCNMatthews - April 20, 2007) - West Africa Energy Inc. (TSX VENTURE:WAE) ("WAE") wishes to announce that it has granted stock options to certain of its directors, officers and consultants to purchase up to 2,300,000 common shares of the Company. Each option is exercisable to acquire one common share of the Company at a price of $0.47 until April 20, 2012. The options will vest in accordance with WAE's stock option plan and in accordance with the policies of the TSX Venture Exchange.


Alec E. Robinson, President and CEO

This News Release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to a U.S. Person unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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

Contact Information

  • West Africa Energy Inc.
    Alec Robinson
    President and CEO
    + 44(1372) 849-864
    Website: www.waecorp.com