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Block Admission Return

6 Sep 2013 07:00

BANKERS PETROLEUM LIMITED - Block Admission Return

BANKERS PETROLEUM LIMITED - Block Admission Return

PR Newswire

London, September 6

Bankers Petroleum Ltd. 1700, 255 - 5th Avenue SW Calgary, AB T2P 3G6 Tel: 403 513-2699 Fax: 403 228-9506 September 6, 2013 Block Admission Return The Company makes the following announcement with respect to the issuance ofcommon shares, options and warrants for the period from March 1, 2013 to August31, 2013. COMMON SHARES ISSUED & OUTSTANDING Warrants ExercisedShares (pursuant to the Shares OutstandingOutstanding March 2009, 2010 and 20121, 2013 Options Exercised warrant issuances) August 31, 2013 253,871,984 631,398 0 254,503,382 OPTIONS OUTSTANDING Stock Options Stock Price $/ Stock OptionsOutstanding Options Stock Options Stock Options share OutstandingMarch 1, 2013 Exercised Granted Cancelled (Cdn.) August 31, 2013 20,149,265 3,113,000 2.92 88,333 4.84 30,000 4.83 11,666 52,900 2.62 1,633,334 4.35 25,000 4.44 40,000 1.05 35,000 5.10 419,999 2.37 150,000 1.83 158,000 10,667 2.99 40,000 40,000 3.00 9,733 2.62 90,000 2.58 25,000 2.82 20,000 8.58 35,000 2.94 16,000 2.48 62,000 3.01 140,000 3.20 20,149,265 -631,398 +3,663,000 -1,951,234 21,229,633 Stock Options are issued in accordance with the Bankers Stock Option Plan. WARRANTS OUTSTANDING Warrants ExerciseOutstanding Price $/ Warrants Warrants Warrants Warrants share OutstandingMarch 1, 2013 Exercised Issued Expired (Cdn.) August 31, 2013 0 600,000 600,000 TOTALS: 0 600,000 600,000 On March 21, 2013, 600,000 performance warrants were granted with an exerciseprice of CAD$2.92. These warrants vest one-third when the share price closesat CAD$4.00 per share, one-third when the share price closes at CAD$4.50 pershare, and one-third when the share price closes at CAD$5.00 per share, all ofwhich must meet the target price for 20 consecutive business days. Theperformance warrants expire three years following the date of grant. On October 1, 2008, the Company applied to AIM for a blocklisting entitlementof 19,099,529 of common shares. As at August 31, 2013, 1,182,243 common sharesare remaining under this blocklisting entitlement. As at August 31, 2013, the total capitalization of the Company is 254,503,382common shares, 21,229,633 options and 600,000 warrants. This press release is being issued in compliance with the rules of the AIMmarket 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 Genuity Limited Henry Fitzgerald-O'Connor +44 20 7523 8000 AIM BROKER: FirstEnergy Capital LLP Hugh Sanderson / David van Erp

+44 0 207 448 0200

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