Pieridae Grants Common Shares


NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
DISSEMINATION IN UNITED STATES

CALGARY, Alberta, Oct. 22, 2018 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (PEA-TSXV) announces that in accordance with its Directors’ Compensation Policy, 21,960 common shares of Pieridae Energy Limited were granted to its Directors on October 19, 2018, at the price value of $4.18 per share. 

About Pieridae

Founded in 2011, Pieridae, a majority Canadian owned corporation based in Calgary, is focused on the development of integrated energy-related activities, from the exploration and extraction of natural gas to the development, construction and operation of the Goldboro LNG facility and the production of LNG for sale to Europe and other markets.  Pieridae is on the leading edge of the re-integration of the LNG value chain in North America. Pieridae has 50,571,723 shares issued and outstanding which trade on the TSX Venture Exchange (PEA).

For further information, please contact:

Alfred Sorensen, Chief Executive Officer                                            
Telephone: (418) 657-1966

Melanie Litoski, Chief Financial Officer
Telephone: (418) 657-1966