Divestco Grants Stock Options and Performance Share Units
June 06 2012 - 6:19PM
Marketwired Canada
Divestco Inc. (TSX VENTURE:DVT) ("Divestco" or the "Company") announces that it
has granted 750,000 stock options pursuant to its previously approved stock
option plan to directors and officers of the Company. The options were granted
at an exercise price of $0.25 per share for a period of five years. In addition,
the Company granted 700,000 performance share units ("PSUs") pursuant to its
previously approved PSU plan to directors and officers. The grants are subject
to the approval by the TSX Venture Exchange.
Divestco is an exploration services company that provides a comprehensive and
integrated portfolio of data, software, and services to the oil and gas
industry. Through continued commitment to align and bundle products and services
to generate value for customers, Divestco is creating an unparalleled set of
integrated solutions and unique benefits for the marketplace. Divestco's breadth
of data, software and services offers customers the ability to access and
analyze the information required to make business decisions and to optimize
their success in the upstream oil and gas industry. Divestco is headquartered in
Calgary, Alberta, Canada and trades on the TSX Venture Exchange under the symbol
"DVT".
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