Singapore / TheNewswire / October 6, 2015 - Terra Nova Energy Ltd. ("Terra Nova") announces that it has granted 1,300,000 stock options to certain consultants of Terra Nova and a director of Terra Nova's Australian subsidiaries. Each stock option will allow the holder to purchase a common share of Terra Nova at an exercise price of $0.18 per share. Of the 1,300,000 options granted, 200,000 options were granted for a period of one year from the date of grant, and 1,100,000 options were granted for a period of 5 years from the date of grant.
About Terra Nova Energy Ltd.
Terra Nova Energy Ltd. is an oil and gas company with a 20.66% working interest in two onshore petroleum exploration licenses ("PELs"), being PEL 112 and PEL 444, located on the western flank of the Cooper Eromanga Basin in the State of South Australia, Australia. Its common shares trade on the TSX Venture Exchange under the symbol "TGC" and in the U.S. on the OTCQX marketplace under the symbol "TNVMF."
For more information please contact:
Terra Nova Energy Ltd.
T: +1 604 200 1039
T: +65 9395 8990
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 this release.
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(October 6, 2015 - 5:20 PM EDT)
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