Contact Exploration Inc. Grants Stock Options
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED
STATES/
CALGARY,
Nov. 8, 2012 /CNW/ - Contact
Exploration Inc. ("Contact" or the "Company") (TSX-V:
CEX) announces that it has issued 500,000 stock options to an
executive officer of the Company in accordance with the Company's
shareholder approved stock option plan. The stock options are
exercisable at a price of $0.235 per
share, expire in five years and vest immediately.
Contact Exploration Inc. is a public oil and gas
company which has a long-term history of operating in Atlantic Canada and has recently demonstrated
success in Alberta's liquids-rich
Montney Formation tight gas play. For more information, please see
the Company's website: www.contactexp.com.
This press release shall not constitute an offer
to sell or a solicitation of an offer to buy the securities in any
jurisdiction. The common shares of Contact will not be and
have not been registered under the United
States Securities Act of 1933, as amended, and may
not be offered or sold in the United
States, or to a U.S. person, absent registration or
applicable exemption therefrom.
Neither 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.
SOURCE Contact Exploration Inc.