Storm Resources Ltd. Announces Grant of Stock Options

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
VIOLATION OF U.S. SECURITIES LAWS.


STORM RESOURCES LTD. ("Storm") (TSX VENTURE:SRX) announces that it has granted
stock options ("Options") to acquire 1,742,000 common shares in the capital of
Storm ("Common Shares") pursuant to its stock option plan, 708,500 of which were
granted to the directors and officers of Storm. The Options vest over three
years (1/3 on each of the first, second and third anniversary of the grant
date), are exercisable at a price of $4.68 per Common Share and expire on March
10, 2018. 


Upon the granting of the Options described above, Storm will have 5,638,500
Options outstanding, which represents approximately 5.1% of the 109,612,312
Common Shares currently outstanding. Storm's stock option plan currently limits
the issuance of Options to no more than 10% of the outstanding Common Shares.


Storm began operations in August, 2010. Storm is headquartered in Calgary,
Alberta and is active in the Umbach and Horn River Basin areas of northeast
British Columbia, and in the Grande Prairie area of northwest Alberta.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Storm Resources Ltd.
Brian Lavergne
President and Chief Executive Officer
(403) 817-6145


Storm Resources Ltd.
Donald McLean
Chief Financial Officer
(403) 817-6145


Storm Resources Ltd.
Carol Knudsen
Manager, Corporate Affairs
(403) 817-6145
www.stormresourcesltd.com

Storm Resources Ltd. (TSXV:SRX)
Graphique Historique de l'Action
De Avr 2024 à Mai 2024