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  • CGX Energy Inc. (OYL) has completed the grant of previously announced incentive stock options
  • The company granted Professor Zoback and Ms. Budlong 1,000,000 and 400,000 stock options respectively
  • These options are exercisable at a price of $0.82 per share and expire on March 23, 2026
  • CGX Energy is a Canadian-based oil and gas exploration company focused on the exploration of oil in the Guyana-Suriname Basin
  • CGX Energy Inc. (OYL) is unchanged, trading at C$0.82 per share at 10:15 am ET

CGX Energy Inc. (OYL) has completed the grant of previously announced incentive stock options.

These stock options, announced on February 8, 2021, were granted in conjunction with the appointment of Professor Mark D. Zoback as a director of the company and Ms. Jennifer Budlong as Exploration Manager.

Pursuant to the appointments, the company granted Professor Zoback and Ms. Budlong Options of 1,000,000 and 400,000, respectively, subject to regulatory approval.

The stock options were granted on March 23, 2021, and are exercisable at a price of $0.82 per share. The options expire on March 23, 2026.

CGX Energy is a Canadian-based oil and gas exploration company focused on the exploration of oil in the Guyana-Suriname Basin.

CGX Energy Inc. (OYL) is unchanged, trading at C$0.82 per share at 10:15 am ET.

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