BNK.L Regulatory News (BNK)

10 Mar 2010 18:06

Bankers Petroleum Ltd. - Block Admission Return

CALGARY, March 10 /CNW/ - The Company makes the following announcement with respect to the issuance of common shares, options and warrants for the period from September 1, 2009 to February 28, 2010.

COMMON SHARES ISSUED & OUTSTANDING ------------------------------------------------------------------------- Warrants Exercised (pursuant to the 2009, Shares Outstanding Options 2010 and 2012 Shares Outstanding September 1, 2009 Exercised warrant issuances) February 28, 2010 ------------------------------------------------------------------------- 224,801,273 1,347,058 4,036,336 230,184,667 ------------------------------------------------------------------------- OPTIONS OUTSTANDING ------------------------------------------------------------------------- Stock Exercise Options Stock Options Stock Stock Stock Price $/ Outstanding Outstanding Options Options Options share February 28, September 1, 2009 Exercised Granted Cancelled (Cdn.) 2010 ------------------------------------------------------------------------- 12,617,892 ------------------------------------------------------------------------- 23,334 1.05 ------------------------------------------------------------------------- 74,444 1.35 ------------------------------------------------------------------------- 25,000 1.68 ------------------------------------------------------------------------- 1,000 1.83 ------------------------------------------------------------------------- 150,000 3.03 ------------------------------------------------------------------------- 41,667 4.35 ------------------------------------------------------------------------- 1,667 1.35 ------------------------------------------------------------------------- 3,000 1.68 ------------------------------------------------------------------------- 16,667 3.60 ------------------------------------------------------------------------- 23,334 1.05 ------------------------------------------------------------------------- 680,000 5.10 ------------------------------------------------------------------------- 15,000 1.35 ------------------------------------------------------------------------- 8,333 1.05 ------------------------------------------------------------------------- 4,444 2.37 ------------------------------------------------------------------------- 80,000 3.03 ------------------------------------------------------------------------- 44,444 2.37 ------------------------------------------------------------------------- 16,667 3.51 ------------------------------------------------------------------------- 92,501 2.10 ------------------------------------------------------------------------- 433,333 1.05 ------------------------------------------------------------------------- 80,556 1.35 ------------------------------------------------------------------------- 16,667 1.44 ------------------------------------------------------------------------- 25,556 1.68 ------------------------------------------------------------------------- 158,333 3.03 ------------------------------------------------------------------------- 2,950,000 6.26 ------------------------------------------------------------------------- 11,111 2.37 ------------------------------------------------------------------------- TOTALS: ------------------------------------------------------------------------- 12,617,892 -1,347,058 +3,630,000 Nil 14,900,834 -------------------------------------------------------------------------

Stock Options are issued in accordance with the Bankers Stock Option Plan.

WARRANTS OUTSTANDING ------------------------------------------------------------------------- Exercise Warrants Warrants Price $/ Outstanding Outstanding Warrants Warrants Warrants share February 28, September 1, 2009 Exercised Issued Cancelled (Cdn.) 2010 ------------------------------------------------------------------------- 9,571,875 ------------------------------------------------------------------------- 266,424 2.49 ------------------------------------------------------------------------- 1 2.37 ------------------------------------------------------------------------- 300,000 2.49 ------------------------------------------------------------------------- 2,436,577 428,540 2.49 ------------------------------------------------------------------------- 1,033,334 2.63 ------------------------------------------------------------------------- TOTALS: ------------------------------------------------------------------------- 9,571,875 -4,036,336 Nil -428,540 5,106,999 -------------------------------------------------------------------------

The above warrants are issued in accordance with the 2009, 2010 and 2012 warrant issuances.

On October 1, 2008 the Company applied to AIM for a blocklisting entitlement of 19,099,529 of common shares. As at February 28, 2010, 12,597,730 common shares are remaining under this blocklisting entitlement.

The total current capitalization of the Company is 230,184,667 common shares, 14,900,834 options and 5,106,999 warrants.

This press release is being issued in compliance with the rules of the AIM market of the London Stock Exchange.

For more information please contact: Douglas Urch Executive VP, Finance & Chief Financial Officer (403) 513-2691 (403) 228-9506 AIM NOMAD: Canaccord Adams Limited Ryan Gaffney/ Henry Fitzgerald-O'Connor +44 20 7050 6500 AIM JOINT BROKERS: Canaccord Adams Limited Tristone Capital Ltd. Ryan Gaffney/ Henry Fitzgerald-O'Connor Nick Morgan +44 20 7050 6500 +44 20 7355 5800

(BNK. BNK)