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    LNE.H   CA5435123057

LOON ENERGY CORPORATION

(LNE.H)
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Loon Energy Announces Options Grant

06/16/2021 | 04:05pm EDT

Calgary, Alberta--(Newsfile Corp. - June 16, 2021) - Loon Energy Corporation (TSXV: LNE.H) ("Loon" or the "Company") announces that its board of directors has approved the issuance of 150,000 incentive stock options to a director of the Company. The options are exercisable at $0.13 per share and expire February 26, 2024.

About Loon Energy

Loon was incorporated under the Business Corporations Act (Alberta) in the fourth quarter of 2008 and carried on business as an international oil and gas exploration company until 2017. Loon currently does not carry on any business other than the identification and evaluation of assets or businesses with a view to completing a transaction.

Loon Energy Corporation
Michael Stein
Chief Executive Officer
+1 416-410-7722
michael.stein@rogers.com

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.

/Not for distribution to U.S. news wire services or dissemination in the United States/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/87791


© Newsfilecorp 2021
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Financials (USD)
Sales 2020 - - -
Net income 2020 0,10 M - -
Net Debt 2020 0,05 M - -
P/E ratio 2020 8,94x
Yield 2020 -
Capitalization 0,95 M 0,95 M -
EV / Sales 2019 -
EV / Sales 2020 -
Nbr of Employees -
Free-Float 47,3%
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Income Statement Evolution
Managers and Directors
Michael Brian Stein President, CEO, Secretary & Director
Harvey H. McKenzie Chief Financial Officer & Director
Timothy Mulroney Elliott Chairman
Barry M. Polisuk Director
Nicholas Hariton Director
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