Jun-09-2010
Press Releases
2010 Press Releases
Crown Point Announces Granting of Incentive Stock Options
June 9, 2010
CALGARY, ALBERTA, Jun 09, 2010 (MARKETWIRE via COMTEX) — Crown Point Ventures Ltd. (CWV) (“Crown Point”) announces that it has granted incentive stock options to its directors, officers, employees and consultants, entitling them to purchase up to a total of 865,000 shares at a price of $1.22, exercisable for a period of 5 years.
ABOUT CROWN POINT
Crown Point Ventures Ltd. is an oil and gas development company with production in Argentina. Two of Crown Point’s three wells drilled in the San Jorge Basin (Santa Cruz, Argentina) are currently in production, with a three well program planned in 2010 to expand production and follow up discovery data gained in the first drilling program.
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 press release.
Contact:
Crown Point Ventures Ltd.
Murray McCartney
President & CEO
(403) 232-1150
m.mccartney@crownpointenergy.com
Crown Point Ventures Ltd.
Arthur J.G. Madden
Vice-President & CFO
(403) 232-1150
amadden@crownpointenergy.com
Crown Point Ventures Ltd.
Flora Wood
Manager Investor Relations
(416) 304-0032
fwood@crownpointenergy.com
SOURCE: Crown Point Ventures Ltd.
For further information concerning the Company, please contact us directly.