Mr. Timothy Turner reports
UNITED HUNTER OIL & GAS CORP. SETS RECORD DATE FOR ANNUAL GENERAL MEETING AND GRANTS STOCK OPTIONS
United Hunter Oil & Gas Corp. has provided the date for the annual general meeting and has granted stock options.
Annual general meeting
The corporation has set the record date of Sept. 21, 2018, for the annual general meeting to be held on Oct. 26, 2018, at 1 p.m. at its offices at 20 Adelaide St. East, Suite 200, Toronto, Ont., M5C 2T6.
Grant of stock options
The corporation announces the grant of 1.4 million stock options to directors and officers entitling the holder to purchase one common share of the corporation for 25 cents until Aug. 20, 2023. The stock options were granted subject to the following conditions:
- 1.15 million stock options vested on the date of grant and 250,000 stock options will vest on Aug. 20, 2019;
The 28,000 outstanding stock options entitling the holder to purchase one common share of the corporation for $2.50 until Aug. 20, 2023, are cancelled.
The grants are subject to the terms of the corporation's stock option plan. In accordance with securities regulatory requirements, any shares issued pursuant to the exercise of such stock options will be subject to a resale restriction for a period of four months from the date of the grant.
About United Hunter Oil & Gas Corp.
United Hunter is a Canadian-based corporation with management very experienced in the oil and gas industry and with projects in the United States.
We seek Safe Harbor.
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