/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED
STATES/
CALGARY, Dec. 28, 2012 /CNW/ - Sea Dragon Energy Inc.
("Sea Dragon" or the "Company") (TSX VENTURE: SDX) announces
that it has granted stock options to purchase up to 15,050,000
common shares of the Corporation ("Common Shares") to
certain officers and directors of the Corporation and stock options
to purchase up to 3,300,000 Common Shares to employees and
consultants of the Corporation. All of the options have an exercise
price of $0.10, being above the
closing trading price of the Common Shares on December 27, 2012, the last trading day prior to
the option grant. The aforesaid stock options shall vest over
three years and shall expire on December 28,
2017.
Sea Dragon is an international exploration and
development company with a focus on the Middle East and offices in Cairo, Paris
and Calgary. For further
information please see the website of the Company at
www.seadragonenergy.com or the Company's filed documents at
www.sedar.com.
NEITHER THE 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 THE RELEASE.
SOURCE Sea Dragon Energy Inc.