3 Jul 2007 07:00
Bankers Petroleum Ltd. (the "Company") - Director Shareholding
AIM: BNK
CALGARY, July 3 /CNW/ - The Company announces that on 2 July 2007 it granted the following options, all of which are exercisable into common shares of the Company at a price of (CDN$0.52), to Directors and Executives of the Company:
Director Options Granted ------------------------------------------------------------------------- Robert Cross Chairman 180,000 Victor Redekop Director 180,000 John Zaozirny Director 125,000 Jonathan Harris Director 220,000 Eric M. Brown Director 200,000 Ford Nicholson Director 180,000 Richard Wadsworth President 175,000 Juneyt Tirmandi CFO 500,000 Wolf Regener President, Bankers Petroleum (US) Inc. 100,000 Susan J. Soprovich VP, Investor Relations 100,000 Bob Petryk VP, Operations 180,000 Suneel Gupta President, Bankers Petroleum Albania Ltd. 100,000
The options expire on July 1, 2012, with two-thirds of the options subject to vesting periods. As at January 2, 2007 the Company has 448,109,492 Issued & Outstanding common shares.
For further information: Suite 400, 906 - 12th Ave. S.W., Calgary, Alberta, T2R 1K7, Tel: (403) 541-5346, Fax: (403) 245-5156 (BNK) (BNK)
BANKERS PETROLEUM LIMITED