Umbral Adds to Options Granted - KTUL.com - Tulsa, Oklahoma - News, Weather & Sports

Umbral Adds to Options Granted

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Vancouver, B.C., January 14, 2014 – UMBRAL ENERGY CORP. (TSX-V: UMB) (the “Company” or “Umbral”) that further to the news of January 10, 2014, the Company has granted an additional 100,000 incentive stock options to directors/officers/employees and/or consultants under the Company’s Stock Option Plan. The options are exercisable at $0.05 per share and will expire January 14, 2019. Following this grant of options, the Company has 2,650,000 stock options outstanding.

About Umbral Energy Corp.

Umbral Energy Corp. is a resource company focused on the exploration of the Letourneur Property in the Abitibi region of southwestern Quebec and strategic alliances in resource plays and conventional oil production assets, in Canada, to increase shareholder value with focus on growth in production and cash flow. Management continues to review other opportunities in the resource sector.

The Company has a 25% interest in the Little Bow Prospect, located in Southern Alberta, Aroway Energy Corp. is the operator and has a significant track record of success.

ON BEHALF OF THE BOARD OF DIRECTORS OF UMBRAL ENERGY CORP.

“Jag Bal”

Jagdip Bal

President and CEO

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.

Source: http://www.accesswire.com/viewarticle.aspx?id=410974

ReleaseID: 30826

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