Board of Directors approve 2024 incentive awards
16 Dezember 2024 - 5:44PM
Sintana Energy Inc. (TSX-V: SEI, OTCQB: SEUSF) (“Sintana” or the
“Company”) reports that its Board of Directors has approved grants
of a total of 6.5 million incentive awards comprised of 3.9 million
common stock options and 2.6 million restricted share units to
several directors and officers of the Company and to four other
parties. The options have an exercise price of CA $1.23, vest in
three equal tranches over the next 24 months and will expire on
December 13, 2034.
“2024 was the year of Mopane, delivering to
Sintana and its shareholders exposure to one of the world’s most
significant offshore discoveries. It was a step change for the
basin and for Sintana,” said Robert Bose, Chief Executive
Officer.
ABOUT SINTANA ENERGY:
The Company is engaged in petroleum and natural
gas exploration and development activities on five large, highly
prospective, onshore and offshore petroleum exploration licenses in
Namibia, and also in Colombia’s Magdalena Basin.
On behalf of Sintana Energy Inc.,“Robert
Bose”Chief Executive Officer
For additional information or to sign-up to receive periodic
updates about Sintana’s projects, and corporate activities, please
visit the Company’s website at www.sintanaenergy.com
Corporate Contacts: |
|
Investor Relations Advisor: |
Robert Bose |
Sean Austin |
Jonathan Paterson |
Chief Executive Officer |
Vice-President |
Founder & Managing Partner |
212-201-4125 |
713-825-9591 |
Harbor Access |
|
|
475-477-9401 |
Forward-Looking Statements
Certain information in this release are
forward-looking statements. Forward-looking statements consist of
statements that are not purely historical, including statements
regarding beliefs, plans, expectations or intentions for the
future, and include, but not limited to, statements with respect
to potential future farmout agreements on PEL 83 and/or PEL
87, and proposed future exploration and development activities on
PEL 83 and/or PEL 90 and neighbouring properties, as well
as the prospective nature of the Company’s
property interests. Such statements are subject to risks and
uncertainties that may cause actual results, performance or
developments to differ materially from those contained in the
statements, including, but not limited to risks relating
to the receipt of all applicable regulatory approvals,
results of exploration and development activities, the ability to
source joint venture partners and fund exploration, permitting and
government approvals, and other risks identified in the Company’s
public disclosure documents from time to time. Readers are
cautioned that the assumptions used in the preparation of such
information, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements. The Company
assumes no obligation to update such information, except as may be
required by law.
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.
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