Energulf Grants Incentive Stock Options
VANCOUVER, BC (August 30, 2013), EnerGulf Resources Inc. (TSX-V: ENG; FSE:EKS) (‘EnerGulf’) has granted stock options exercisable to purchase up to 2,040,000 of its common shares to certain of its directors, officers and consultants under its 2012 Plan. The options are exercisable for a period of five (5) years at a price of $0.20 per share and are subject to vesting in accordance with the policies of the TSX Venture Exchange and the 2012 Plan.
On Behalf of the Board of Directors of
ENERGULF RESOURCES INC.