New Stratus Energy Announces Election of Greg Bay to Board of Directors and Stock Option Grant
October 5, 2021
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
NEW STRATUS ENERGY ANNOUNCES ELECTION OF GREG BAY TO BOARD OF DIRECTORS AND STOCK OPTION GRANT
Calgary, Alberta, October 1, 2021 – New Stratus Energy Inc. (TSX.V: NSE) (“New Stratus” or the “Corporation”) is pleased to announce that Greg Bay was elected to the Corporation’s board of directors at the annual general meeting held on September 16, 2021. Mr. Bay is Managing Partner and Founder of Cypress Capital Management Ltd., a Canadian boutique money manager affiliated with AGF Management Ltd. The Corporation also announces the grant of incentive stock options to acquire a total of 3,500,000 common shares of the Corporation to various directors, officers and consultants of the Corporation pursuant to the Corporation’s stock option plan and subject to any regulatory approval. Each stock option, vests immediately and is exercisable at a price of $0.30 per share for a period of five years from the grant date.
Jose Francisco Arata
Chief Executive Officer
Chief Financial Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.