Sojourn Exploration Inc. (“Sojourn”) announces that it has granted 5,550,000 stock options to officers, directors, employees and consultants of the Company at an exercise price of $0.15.
The stock options have been granted pursuant to Sojourn’s stock option plan and will expire five years from the date of grant. All of the stock options vest as to one-sixth immediately, and one-sixth each quarter thereafter.
Tyler Ruks, Chief Executive Officer and President and Director
For further information please contact:
Tyler Ruks, Telephone:
1 (604) 649-8778
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the accuracy or adequacy of this release.
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements or forward-looking information (forward-looking statements). These statements can be identified by expressions of belief, expectation or intention, as well as those statements that are not historical fact. Forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. Forward-looking statements contained in this press release are based on our current estimates, expectations and projections, which the company believes are reasonable as of the current date. Actual results could differ materially from those anticipated or implied in the forward-looking statements and as a result undue reliance should not be placed on forward-looking information.