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Ed Monton

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Re: kraftdinner post# 1124

Tuesday, 02/06/2007 8:16:36 AM

Tuesday, February 06, 2007 8:16:36 AM

Post# of 1332

Pennant Energy grants 450,000 stock options


2007-02-05 14:54 ET - Options Proposed

Mr. Thomas Yingling reports

PENNANT GRANTS STOCK OPTIONS

Pennant Energy Inc. has granted 450,000 incentive stock options of the company to directors, officers and employees, subject to the approval of the TSX Venture Exchange. Each incentive stock option is exercisable into one common share of the company at a price of 40 cents per share until Feb. 5, 2012.

Ed

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