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Shoal Point announces options

Newsfile Corp.

Vancouver, British Columbia--(Newsfile Corp. - August 15, 2019) - Shoal Point Energy Ltd. (CSE: SHP) today announces that, pursuant to its Stock Option Plan, the Company will be granting 1,300,000 stock options to certain directors, employees, officers and consultants. The options will be exercisable at $0.13 per share with terms ranging from 2 to 5 years from the date of grant.

On behalf of the Board of Directors,

"Mark Jarvis"

Mark Jarvis

For further information, please contact:
Mr. Mark Jarvis Chief Executive Officer
416-637-2181 extension 310

The Canadian Securities Exchange (CSE) has neither approved nor disapproved the contents of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/47000