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Raise Production Inc. Announces Granting of Stock Options


FOR: RAISE PRODUCTION INC.
TSX VENTURE SYMBOL: RPC

Date issue: November 27, 2017
Time in: 5:29 PM e

Attention:

CALGARY, ALBERTA--(Marketwired - Nov. 27, 2017) - Raise Production Inc. (TSX VENTURE:RPC) ("Raise" or the "Company") announces that it has granted 2,233,750 stock options on November 24, 2017, to purchase common shares of the Company at an exercise price of $0.24 per share. The stock options have been granted to officers, directors and employees of the Company under the Company's stock option plan and will have a five year term. Each option granted will be subject to a four month hold period and certain vesting provisions.

About Raise Production Inc.

The Company is an innovative oilfield service company that focuses its efforts on the production service sector, utilizing its proprietary products to enhance and increase ultimate production in both conventional and unconventional oil and gas wells.

Neither 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 news release.

This news release contains certain forward-looking statements. All statements, other than statements of historical fact, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from these anticipated in such statements.

- END RELEASE - 27/11/2017

For further information:
Eric Laing
President and Chief Executive Officer
E-mail: [email protected]
Tel: (403) 699-7675
OR
Susan Scullion
Chief Financial Officer
E-mail: [email protected]
Tel: (403) 699-7675
Web site at: www.raiseproduction.com

COMPANY:
FOR: RAISE PRODUCTION INC.
TSX VENTURE SYMBOL: RPC

INDUSTRY: Telecom - Networking, Telecom - Telecommunication
Equipment
RELEASE ID: 20171127CC0045

Press Release from Marketwired 1-866-736-3779

All press releases are written by the client and have NO affiliation with the news copy written by The Canadian Press. Any questions that arise due to the content or information provided in the press release should be directed to the company/organization issuing the release, not to The Canadian Press.



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