Mr. Jagdip Bal reports
INCENTIVE STOCK OPTION GRANT
Umbral Energy Corp. has granted a total of 500,000 incentive stock options to directors, officers, employees and/or consultants under the company's stock option plan. The options are exercisable at six cents per share and will expire May 4, 2022. Following this grant of options, the company has 3.65 million stock options outstanding.
About Umbral Energy Corp.
The company is currently listed as a junior resource issuer having mineral exploration projects. The company is considering other activities to increase shareholder value, including non-resource projects. The company has mineral exploration projects in Utah, Nevada and Quebec. In addition, the company has an interest in PhyeinMed, which has applied for a licence from Health Canada to legally grow and sell medical marijuana.
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