CALGARY, ALBERTA -- (Marketwired) -- 02/02/15 -- Mapan Energy Ltd. ("Mapan") (TSX VENTURE: MPG) announces that the company's board of directors have granted options to an officer of Mapan to acquire an aggregate of 250,000 common shares of Mapan at a price of $1.30 per share pursuant to Mapan's 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. Mapan currently has 71,420,395 common shares outstanding.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Richard A. Walls
President & CEO
Tel: 403-536-5771
rwalls@mapanenergy.com
Jennifer Dugdale
Chief Financial Officer
Tel: 403-536-5773
jdugdale@mapanenergy.com
