683 0 Kommentare North Sea Energy Announces the Results of Its Annual and General Meeting of Shareholders and Corporate Update - Seite 2

Stock Options Grant:

The Board has granted incentive stock options to purchase an aggregate of 6,045,000 shares of the Company's capital stock to the officers, directors and consultants. These options, pursuant to the Company Stock Option Plan, will have a three year term, exercisable up to July 2, 2018 at an exercise price of $0.07 per share, which price is greater than the Market Price of the Company's shares immediately preceding July 2, 2015.

All stock options and any shares issued on the exercise of stock options will be legended with a four month Exchange hold period commencing on the date the stock options were granted.

About North Sea Energy Inc.

North Sea Energy Inc. (TSX VENTURE:NUK) is an oil and gas company that holds a portfolio of high impact interests focused on the Moray Firth in the offshore UK North Sea. These interests include Bagpuss and Blofeld (blocks 13/24c and 13/25), Norfolk (blocks 12/16b and 12/17b), Del Monte (block 19/2 & 19/3) and Golden Phoenix (block 18/10a).

Forward-looking statements

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information. Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward- looking information.