12:05 PM EST - Second Wave Petroleum Inc. : announced that its board has approved the grant of options to purchase an aggregate of 788,500 common shares of Second Wave at an exercise price of $1.80 per share. The options have been granted to officers and employees of the Company pursuant to the Second Wave incentive stock option plan, have a five-year term and are subject to standard vesting provisions. Second Wave Petroleum Inc.
shares V.SCS are trading up $0.05 at $1.85.
