|By Marketwired .||
|August 20, 2014 08:30 AM EDT|
CALGARY, ALBERTA -- (Marketwired) -- 08/20/14 -- Paris Energy Inc. ("Paris") (TSX VENTURE: PI) announces that Paris' board of directors has granted to its officers and directors and certain of its employees options to acquire an aggregate of 50,000,000 common shares of Paris at a price of $0.17 per share pursuant to Paris' share option plan. The options vest as to one-third on each of the first, second and third anniversaries of the date of grant, and have a term of 5 years. Paris currently has 857,044,761 common shares outstanding.
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 ADEQUACY OR ACCURACY OF THIS RELEASE..
Paris Energy Inc.
Richard A. Walls
President & CEO
Paris Energy Inc.
Chief Financial Officer
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