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Sunoil Ltd. Announces Grant Of Stock Options

Tuesday, 12 August 2014 08:43 PM

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VANCOUVER, British Columbia / ACCESSWIRE / August 12 2014 / SunOil Ltd. (formerly known as Blackstream Energy Corporation) (the "Company") (CNSX: SOD) announces that effective August 12th, 2014, it granted stock options to purchase an aggregate of 5,000,000 common shares to the Company's management team, including officers and employees.

The options granted are exercisable for four (4) years at an exercise price of CDN$0.09 and are subject to the terms and conditions of the Company's 2013 Stock Option Plan and the stock option agreements with each director. The stock options will vest immediately.

Sunoil Ltd. is a producing oil & gas company with its headquarters in Vancouver, Canada and a field office in Montana, USA. The company develops its own properties and continues to seek and make acquisitions, in USA and Canada. For further information please contact (604) 662-7833 or [email protected].

Sunoil Ltd.

"Kevin Sun"

Kevin Sun

CEO & President

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