August 31, 2016 - 10:25 PM EDT
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Point Loma Resources Ltd. Announces Shares for Services Issuances





Point Loma Resources Ltd. Announces Shares for Services Issuances



Calgary, Alberta (FSCwire) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or “Point Loma”) announces that the Corporation has issued an aggregate of 54,999 common shares to eight of its senior officers and employees, with a value of no more than $2,500 per month for each such officer or employee, for the month ended August 31, 2016.

 

Additionally, pursuant to a shares for services consulting agreement, the Corporation has issued an aggregate of 30,000 common shares to a consultant of the Corporation, for the month ended August 31, 2016.

 

The senior officer and employee shares were issued at the TSX Venture Exchange closing share price for August 31, 2016 of $0.30.

 

About Point Loma

 

Point Loma is a public oil and gas exploration and development company focusing on conventional oil and gas reservoirs in Central Alberta. Point Loma will utilize its experience to acquire, drill and develop assets with potential for horizontal multi-stage frac technology and exploit opportunities for secondary recovery. For more information please visit Point Loma’s website at www.pointloma.ca or Point Loma’s profile on the System for Electronic Document Analysis and Retrieval website at www.sedar.com.

 

For further information, please contact:

 

Terry Meek
President and CEO
 

Telephone: (403) 705-5051 ext.101
tmeek@pointloma.ca

 

Kevin Angus
Executive Vice-President Business Development

Telephone: (403) 705-5051 ext. 103
kangus@pointloma.ca

Randall Boyd
Vice President Finance and CFO

Telephone: (403) 705-5051 ext. 105
rboyd@pointloma.ca

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/pointloma08312016.pdf

Source: Point Loma Resources Ltd. (TSX Venture:PLX)

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Source: FSCwire (August 31, 2016 - 10:25 PM EDT)

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