/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR
DISSEMINATION IN THE UNITED
STATES/
TSX V Trading Symbol: SWE
CALGARY,
Feb. 27, 2013 /CNW/ - SilverWillow
Energy Corporation ("SilverWillow") (TSXV:SWE) today
announces that, pursuant to the provisions of its stock option
plan, it has granted an aggregate of 984,000 options to officers
and employees. The options have an exercise price of $0.77 per share. The options granted vest as to
one third on the first anniversary of the date of grant, one third
on the second anniversary of the date of grant and the balance on
the third anniversary of the date of grant. The options expire on
February 26, 2020. All stock option
grants of SilverWillow are subject to receipt of the necessary
regulatory approvals.
About SilverWillow Energy
SilverWillow Energy Corporation is a
Calgary, Alberta based
pre-production oil sands company with a portfolio of exploration
leases in Canada's Athabasca oil sands. To learn more,
please visit www.swenergy.ca.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS RELEASE
SOURCE SilverWillow Energy Corporation