VANCOUVER, BC, Aug. 14, 2020 /CNW/ - Renaissance Oil Corp.
(the "Company" or "Renaissance") (TSX-V:
ROE) (OTCQB: RNSFF) is pleased to announce the appointment of
Richard Andrews, as a Corporate
Development consultant of the Company.
The Company further announces that, pursuant to the Company's
stock option plan, it has granted to Mr. Andrews options to
purchase an aggregate of 1,000,000 common shares of the Company at
a price of C$0.065 per share for a
period of up to five years, subject to regulatory approval.
In order to accommodate this grant, certain optionees agreed to
surrender for cancellation 1,800,000 outstanding stock options.
About Renaissance Oil Corp.
Renaissance, was established in 2014 for the sole purpose of
focusing on the liberation of Mexico's undeveloped hydrocarbon resources,
officially inaugurated by the Mexican government, December 2013. The Company is now a
well-established operator in Mexico with 100% working interest in onshore
production of over 1200 boe/day and joint partners with LUKOIL and
PEMEX in the development of the prolific upper Jurassic shales.
RENAISSANCE OIL CORP.
Per:
Craig Steinke
Chief Executive Officer
SOURCE Renaissance Oil Corp.
