(MENAFN- Baystreet.ca) 09:55 AM EST - Valeura Energy Inc. : Has terminated an aggregate of 1,957,500 incentive stock options, which were issued to a number of employees, officers, directors, and consultants, including an individual engaged in investor relations activities on behalf of the Company. By a series of option termination agreements, the Company and the Optionees have agreed to terminate those options granted between March 2018 and September 2019, which carry exercise prices between $2.54 and $4.62 per share. Optionees will receive nominal consideration of one cent per terminated option. No options are being granted by the Company in conjunction with these terminations. Valeura Energy Inc.
shares T.VLE are trading unchanged at $0.45.
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