Source - PRN

Bankers Petroleum Ltd. - Block Admission Return

CALGARY, Sept. 6, 2016 /CNW/ - The Company makes the following announcement with respect to the issuance of common shares, options, restricted share units (RSU's) and warrants for the period from March 1, 2016 to August 31, 2016.

COMMON SHARES ISSUED & OUTSTANDING

Shares Outstanding March 1, 2016 Options Exercised RSU's
Exercised
Warrants Exercised Shares Outstanding
August 31,2016
261,557,384 261,557,384

OPTIONS OUTSTANDING

Stock Options Outstanding
March 1, 2016
Stock Options Exercised Stock Options Granted Stock Options Cancelled Price $/ share (Cdn.) Stock Options Outstanding
August 31, 2016
17,020,338 116,202 2.12
82,534 2.62
75,000 2.86
40,000 3.05
16,666 3.12
188,501 3.95
40,000 4.00
20,000 4.06
10,000 4.34
17,020,338 0 0 588,903 16,431,435
Stock Options are issued in accordance with the Bankers Stock Option Plan.

RESTRICTED SHARE UNITS (RSU'S) OUTSTANDING

RSU's Outstanding
March 1, 2016
RSU's Exercised RSU's Issued RSU's cancelled RSU's Outstanding
August 31, 2016
590,984 22,023 568,961
TOTALS:
590,984 0 0 22,023 568,961

WARRANTS OUTSTANDING

Warrants Outstanding
March 1, 2016
Warrants Exercised Warrants Issued Warrants Cancelled Exercise Price $/share (Cdn.) Warrants Outstanding
August 31, 2016
200,000 0 0 200,000 0
TOTALS:
200,000 0 0 200,000 0

On October 1, 2008, the Company applied to AIM for a block listing entitlement of 19,099,529 of common shares, which was fully utilised. Subsequently, on March 7, 2014 the Company applied to AIM for a block listing entitlement of 25,737,660 of common shares, of which 5,899,557 common shares had already been issued as at the date of this return. Therefore for the period commencing August 31, 2016, there are 19,838,103 common shares remaining under the block listing entitlement.

As at August 31, 2016, the total issued share capital of the Company is 261,557,384 common shares, 16,431,435 options, 568,961 restricted share units and nil warrants outstanding.

This press release is being issued in compliance with the rules of the AIM market of the London Stock Exchange.

please contact: Douglas Urch, Executive VP, Finance & Chief Financial Officer, (403) 513-2691, (403) 228-9506; AIM NOMAD: Canaccord Genuity Limited, Henry Fitzgerald-O'Connor, +44 20 7523 8000; AIM BROKER: FirstEnergy Capital LLP, Hugh Sanderson / David van Erp, +44 0 207 448 0200