PAN - TSXV
CALGARY, May 27 /CNW/ - PanTerra Resource Corp. (The "Company") wishes to announce that pursuant to the terms and conditions of its Stock Option Plan, it has granted, in the aggregate, 1,500,000 incentive stock options (the "Options") to the officers and directors of the Company. The options will be exercisable for a five year period at $0.425 per share.
PanTerra Resource Corp. is an Alberta-based resource company focused on the exploration and development of unconventional shallow and shale gas and its deeper rights potential in the Province of Saskatchewan. The Company holds all rights in three Exploration Permits for a total of approximately 1.1 million acres in the Province of Saskatchewan. PanTerra trades on the TSX Venture Exchange under the symbol "PAN". Further information can be found at www.panterraresource.com.
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the adequacy or accuracy of the contents of this news release.