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| June 9, 2010 | ||
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CALGARY, ALBERTA, Jun 09, 2010 (MARKETWIRE via COMTEX) --
Crown Point Ventures Ltd. (CWV) ("Crown Point") announces that it has
granted incentive stock options to its directors, officers, employees
and consultants, entitling them to purchase up to a total of 865,000
shares at a price of $1.22, exercisable for a period of 5 years. ABOUT CROWN POINT Crown Point Ventures Ltd. is an oil and gas development company with production in Argentina. Two of Crown Point's three wells drilled in the San Jorge Basin (Santa Cruz, Argentina) are currently in production, with a three well program planned in 2010 to expand production and follow up discovery data gained in the first drilling program. 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 press release. Contact:
Crown Point Ventures Ltd.
Crown Point Ventures Ltd.
Crown Point Ventures Ltd. SOURCE: Crown Point Ventures Ltd.
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For further information concerning the Company, please contact
us directly.
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