VANCOUVER, July 10, 2019 /CNW/ - CruzSur Energy Corp.
(the "Company" or "CruzSur") (TSXV: CZR), announces
that it has it has granted an aggregate of 2,462.500 stock options
under the Company's stock option plan to directors, officers,
employees, consultants of the Company and charities with an
exercise price of C$0.45 per stock
option, exercisable for a period of ten years from the date of
grant.
The Company has re-priced a total of 72,500 stock options which
were previously granted to consultants of the Company to
$0.45 per share. Except for the
amendment of the exercise price, all original terms of the stock
options will remain in effect.
All of the above is subject to approval of the TSX Venture
Exchange.
About CruzSur Energy Corp.
CruzSur Energy Corp. is a publicly traded E&P company
focused on proven oil & gas plays in Latin America. The Company holds a large
diversified portfolio of producing, development and unexploited
assets in Colombia and
Argentina where it will leverage
its amplitude of technical expertise and proven track record
building companies and creating value.
Complete reports and statements are available on SEDAR at
www.sedar.com and on the Company website www.cruzsur.energy.
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE CruzSur Energy Corp.