Nextraction Grants Stock OptionsDecember 29, 2009
Nextraction Energy Corporation (TSX-V: NE) (the "Company") announced that pursuant to its 2008 incentive stock option plan, the Company has granted incentive stock options to certain directors, officers, employees and consultants allowing them to purchase up to 600,000 common shares in the capital stock of the company. The options are exercisable at a price of $0.85 for a period of five years ending December 24, 2014.
Nextraction Energy Corp. is a Canadian junior oil and gas company focused on projects where the Company can utilize its technical expertise to develop oil and gas in areas of high reserve potential. The Company has offices in Vancouver, BC, Canada.
For further information on behalf of Nextraction Energy Corp, please contact:
Mark S. Dolar , President and CEO
Phone: (604) 488-3633
Cell: (801) 502-5085