Enterprise Energy Resources Ltd.: Stock Options Granted
July 20 2011 - 11:19AM
Marketwired
Enterprise Energy Resources Ltd. (TSX VENTURE: EER) announced that
it has granted a further 250,000 stock options pursuant to its
previously approved stock option plan to a consultant of the
Company. The options were granted with an exercise price the same
as the recently completed financing price of $0.60 per share for a
period of five years.
ENTERPRISE ENERGY RESOURCES LTD.
Geoffrey A. Carrington, President & CEO
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release constitute
"forward-looking statements". Such forward-looking statements
include, without limitation, the use of proceeds of the financing.
There can be no assurance that such statements will prove to be
accurate, and actual results and future events could differ
materially from those anticipated in such statements. Important
factors that could cause actual results to differ materially from
the Company's expectations include operational risks, the effects
of general economic conditions, changing foreign exchange rates and
actions by government authorities, uncertainties associated with
legal proceedings. The Company's forward-looking statements reflect
the beliefs, opinions and projections on the date the statements
are made. The Company assumes no obligation to update
forward-looking information should circumstances or management's
estimates or opinions change, except as required by law.
Shares Outstanding: 47,726,795
Neither TSX Venture Exchange nor the Investment Industry
Regulatory Organization of Canada accepts responsibility for the
adequacy or accuracy of this release.
Contacts: Enterprise Energy Resources Ltd. Investor Relations
1-604-639-4672 1-604-639-4670 (FAX) info@eerl.ca www.eerl.ca
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