Pearl Exploration and Production Ltd.: Corporate Update
December 24 2007 - 2:00PM
Marketwired Canada
Pearl Exploration and Production Ltd. ("Pearl" or the "Company") (TSX
VENTURE:PXX)(FIRST NORTH:PXXS) reports that it has granted an aggregate of
1,213,500 incentive stock options to certain directors and officers of the
Company. The options are exercisable, subject to vesting provisions, over a
period of five years at a price of Cdn $2.53 per share.
Pearl Exploration and Production Ltd. is a public company focused on growing our
reserve base from our existing portfolio of large resource heavy oil projects in
North American and profitability. Additional information on Pearl is available
on our website at www.pearleandp.com.
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