Gastem: Options for Directors and Officers
* Reuters is not responsible for the content in this press release.
MONTREAL, QUEBEC, Oct 29 (MARKET WIRE) --
Gastem (TSX VENTURE: GMR) announces that, subject to regulatory approval,
it has granted an aggregate of 1,045,000 incentive stock options to the
directors and officers of the Company exercisable at a price of $0.58 per
share expiring five years from the date of grant.
Gastem (64,543,831 shares outstanding) is an independent oil and gas
exploration and development company based in Montreal. The company holds
exploration and storage permits and rights to 3,135 km2 in the St.
Lawrence Lowlands, the Gaspe Peninsula and the Magdalen Islands in Quebec
as well as rights and interests in New York State and in Appalachia.
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.
Contacts:
Gastem
David Vincent
514-875-9034
David.Vincent@Gastem.ca
Copyright 2009, Market Wire, All rights reserved.
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