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Striker Exploration Corp. Announces Granting of Stock Options


/EINPresswire.com/ -- CALGARY, ALBERTA -- (Marketwired) -- 01/29/16 -- Striker Exploration Corp. (TSX VENTURE: SKX) ("Striker" or the "Company") announces that it has granted stock options ("Options") to acquire 635,000 common shares of the Company ("Common Shares") pursuant to its stock option plan, 560,000 of which were granted to the directors and officers of Striker. The Options vest over three years (1/3 on each of the first, second and third anniversary of the grant date) and are exercisable at a price of $1.28 per Common Share.

ABOUT STRIKER

Striker is a growth-oriented, light oil focused company operating predominantly in Alberta. The Company's full-cycle business plan, strong balance sheet and high-quality asset base provides an excellent platform for future growth. With a committed management and board, the Company will continue to pursue strategic and opportunistic acquisitions while maintaining financial prudence. Striker currently trades on the TSX Venture Exchange under ticker "SKX".

Contacts:
Striker Exploration Corp.
Doug Bailey
President and Chief Executive Officer
(403) 262-0242

Striker Exploration Corp.
Neil Burrows
Vice President, Finance and Chief Financial Officer
(403) 262-0242