News Column

Amarok Energy Inc.- Stock Option Grant

Apr 23 2013 12:00AM

Marketwire

Tracker

CALGARY, ALBERTA -- (Marketwired) -- 04/23/13 -- Amarok Energy Inc. ("Amarok") (TSX VENTURE: AMR) has granted 6,670,000 stock options to directors, officers, employees and consultants of Amarok at an exercise price of $0.31 per share.

The stock options have been granted pursuant to Amarok's 10% rolling stock option plan and will expire five years from the date of grant. The stock options vest as to one third thereof on each of the first, second and third anniversaries of the date of grant. Subsequent to this stock option grant, Amarok will have a total of 7,864,200 stock options outstanding representing approximately 8.4% of the approximately 93.2 million common shares of Amarok currently issued and outstanding.

Amarok is a Calgary, Alberta based corporation engaged in the exploration, development and production of petroleum and natural gas in highly structured play fairways of North America and Colombia.

Neither 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.



Contacts:
Amarok Energy Inc.
Dale Swanson
President & Chief Executive Officer
(403) 695-3722

Amarok Energy Inc.
Murray Hinz
Vice President, Finance & Chief Financial Officer
(403) 680-0046





Source: Marketwire


Story Tools