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Centric Grants Stock Options


Published on 2009-12-30 10:50:08 - Market Wire
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LONDON, ENGLAND--(Marketwire - Dec. 30, 2009) -Centric Energy Corp. ("Centric") (TSX VENTURE:CTE) announces that options to purchase a total of 3,505,000 common shares have been granted to directors, officers and advisors of Centric under the company's stock option plan. Each option is exercisable until December 30, 2014 to purchase one common share of Centric at a price of $0.06 per share.

Centric currently has options to purchase a total of 5,305,000 shares outstanding following the above grants and the expiry of 1,685,000 stock options granted to former directors, officers and advisors of Centric and the cancellation of 1,985,000 stock options granted to current directors and officers of Centric.

About Centric

Centric is focused on acquiring a balanced portfolio of significant oil and gas opportunities with established partners in sub-Saharan Africa.

ON BEHALF OF CENTRIC ENERGY CORP.

"Alec Robinson",
President and Chief Executive Officer


Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or the accuracy of this release.

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