Landdrill International Inc. - Grant of Stock Options
28 April 2012 - 10:59AM
PR Newswire (Canada)
MONCTON, NB, May 1, 2012 /CNW/ - Landdrill International Inc.
reports that it has granted 1,325,000 incentive stock options to
various directors, officers and employees exercisable at a price of
$0.14 per share for up to 10 years. All options were granted
pursuant to the Company's existing 10% rolling stock option plan
and the policies of the TSX Venture Exchange, and will vest over a
period of two years. Of those receiving options, a total of
1,000,000 options were issued to officers and directors. About
Landdrill Landdrill is a growth oriented international drilling
company with a focus on the metals and minerals industry. The
Company continues to explore opportunities for growth in key
markets, either through establishment of new branch offices or
through acquisitions as opportunities arise. The Company now
has 48 drills with full branch operations in Canada, Mexico and
Mongolia. For more information about Landdrill visit:
www.landdrill.com. LANDDRILL INTERNATIONAL INC. CONTACT: Ronald J.
GoguenPresident and Chief Executive OfficerLanddrill International
Inc.(506) 388 - 8961
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