/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
PanTerra also announces that on today's date it has granted 40,312,450 stock options to directors, officers, employees and consultants of PanTerra at a exercise price of
PanTerra is a junior public oil and gas company listed on the
Forward-Looking and Cautionary Statements
This news release may include forward-looking statements including opinions, assumptions and estimates and includes the use by the Corporation of the proceeds of the Rights Offering for capital expenditures and for general corporate purposes.. When used in this document, the words "will," "anticipate," "believe," "estimate," "expect," "intent," "may," "project," "should," and similar expressions are intended to be among the statements that identify forward-looking statements. The forward-looking statements are founded on the basis of expectations and assumptions made by PanTerra.
Forward-looking statements are subject to a wide range of risks and uncertainties, and although PanTerra believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will be realized.
Any number of important factors could cause actual results to differ materially from those in the forward -looking statements including, but not limited to, regulatory and third party approvals not being obtained in the manner or timing anticipated, the ability to implement corporate strategies, the state of domestic capital markets, the ability to obtain financing, changes in general market conditions and other factors more fully described from time to time in the reports and filings made by PanTerra with securities regulatory authorities.
Except as required by applicable laws, PanTerra does not undertake any obligation to publicly update or revise any forward-looking statements.
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