October 3, 2018 - 6:33 PM EDT
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DIVERGENT Energy Services Corp. Announces Stock Option Grants

CALGARY, Alberta, Oct. 03, 2018 (GLOBE NEWSWIRE) -- DIVERGENT Energy Services Corp. (the "Corporation") (DVG:TSX-V) announces that its board of directors approved on April 2, 2018, and effective October 2, 2018, the grant of an aggregate of 345,000 stock options to officers of the Corporation, exercisable into common shares of the Corporation at an exercise price of $0.15 per common share, a premium to market.  All of the aforementioned stock options shall vest as to one-third at 12 months, one-third at 24 months and one-third at 36 months from the date of grant and have a five year term to expiry.  The grant represents the second half of the options approved on April 2, 2018, with the first half being granted on the date of approval.

Headquartered in Calgary, Alberta, DIVERGENT Energy Services Corp. provides an array of Artificial Lift products and services that are used in the oil and gas industry.  Products include Electromagnetic Pumps, Electric Submersible Pumps, and Electric Submersible Progressing Cavity Pumps.

For Further Information:  Ken Berg, President and Chief Executive Officer; or Scott Hamilton, Chief Financial Officer.
DIVERGENT Energy Services Corp., 1500, 715 – 5th Ave SW, Calgary, AB T2P 2X6, (403) 543-0060, (403) 543-0069 (fax), www.divergentenergyservices.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 this release.

(Not for dissemination in the United States of America)

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Source: GlobeNewswire (October 3, 2018 - 6:33 PM EDT)

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