Arctic Hunter Announces Grant of Incentive Stock Options
ARCTIC HUNTER ENERGY INC.
NEWS RELEASE
August 19, 2020 TSX-V Trading Symbol: AHU
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ARCTIC HUNTER ANNOUNCES GRANT OF INCENTIVE STOCK OPTIONS
____________________________________________________________________________________ VANCOUVER, B.C. – Arctic Hunter Energy Inc. (TSX-V: AHU) (the “Company”) is pleased to announce that it has granted incentive stock options to certain directors, officers, employees and consultants of the Company to purchase up to an aggregate of 450,000 common shares of the Company at a price of $0.14 per share exercisable for five years from the date of issuance.
ABOUT ARCTIC HUNTER – OIL AND GAS PRODUCTION & MINERAL EXPLORATION
The Company is a Canadian Oil & Gas exploration and mining resource development Company that is focused in developing its’ production capabilities, obtaining potential future oil production revenues, discovering and acquiring advanced gold, silver and copper mineral concessions. The Company identifies, acquires and finances the acquisition, exploration and development of mining and oil and gas assets primarily situated in Western Canada, the United States and Mexico. The Company is currently reviewing a number of mineral exploration opportunities, situated in Canada and identifying low risk exploration opportunities through selective acquisitions and development of mining, petroleum and natural gas resource assets situated in these favorable resource jurisdictions.
The Company has qualified management and has Oil & Gas and Mining teams of professionals seasoned in production, field exploration and drilling. The Company has the necessary manpower in place to develop its natural resource properties and manage its production properties. The Company is committed to minimizing risk through the selective acquisition, exploration and development of petroleum and natural gas resource and mining assets.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Tim Coupland, President and CEO Arctic Hunter Energy Inc.
Tel: (604) 681-3131 [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider, (as the term is defined in the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.