Mr. Robert Bose reports
SINTANA ENERGY OPTION AND RSU GRANTS
Sintana Energy Inc. has granted an aggregate of 2.4 million restricted share units and 1.65 million stock options to certain directors and officers of the company.
The stock options are each exercisable to acquire one common share of the company at an exercise price of $1.08 until May 1, 2034, and vest in tranches over the next two years. The restricted share units are each convertible into one common share of the company for no additional consideration, and vest on May 1, 2025.
About Sintana Energy Inc.
The company is engaged in petroleum and natural gas exploration and development activities on five large, highly prospective, onshore and offshore petroleum exploration licences in Namibia, and in Colombia's Magdalena basin.
We seek Safe Harbor.
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